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Trump's tariffs are changing the way Americans spend | CNN Business

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American consumers, battle-scarred by the pandemic and the subsequent surge in inflation, are already changing their spending patterns and delaying some purchases due to President Donald Trump's chaotic tariff policy and the broader economic uncertainty, new survey data shows.
The article from CNN, dated May 15, 2025, discusses a recent KPMG survey on consumer attitudes towards tariffs. The survey reveals that a significant majority of consumers are concerned about the impact of tariffs on everyday goods, with 68% of respondents indicating that tariffs have led to higher prices for products they regularly purchase. Additionally, 55% of those surveyed believe that tariffs are negatively affecting the overall economy, while only 22% see any long-term benefits from these trade policies. The survey also highlights regional differences, with consumers in states heavily reliant on international trade expressing greater worry about the economic repercussions of tariffs.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/15/economy/consumer-tariff-survey-kpmg ]