Tariff worries drive consumer confidence to 5-year low

The Conference Board said its consumer confidence index dropped by 7.9 points in April, marking its lowest reading since May of 2020, largely in response to President Trump’s tariff war. Trump has imposed a baseline 10 percent tariff on most international partners and a 145 percent tariff on China, the world’s second-largest economy. Steep “retaliatory…



Source link