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A break in the trade clouds lifted consumers' spirits in May | CNN Business

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Americans felt a whole lot better about prices and the job market in May, a month that featured a d tente in the trade war between the US and China.
In May 2025, a US consumer survey revealed a significant shift in expectations regarding tariffs and inflation, as reported by CNN. The survey indicated that American consumers are increasingly concerned about the potential impact of new tariffs on everyday goods, with many expecting price increases due to these trade policies. Inflation expectations have risen, with respondents anticipating higher costs for essentials like food and fuel. This heightened awareness comes amidst ongoing trade negotiations and policy changes, prompting consumers to adjust their spending habits in anticipation of economic shifts. The survey underscores a growing unease about the economic future, influenced by both domestic and international factors.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/09/economy/us-consumer-survey-expectations-tariffs-inflation-may ]