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Consumer attitudes sour amid Trump’s tariff escalation: Survey

Consumer attitudes worsened in April as President Donald Trump’s new tariffs triggered market upheaval and warnings of a possible recession, University of Michigan survey data on Friday showed. Sentiment soured more than economists expected. The survey marked the fourth consecutive month of dampening consumer attitudes, data showed. Consumers expect inflation to worsen, the survey said. learn more
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Trump and team downplay continued market turmoil as ‘transition cost’
President Donald Trump and his top officials on Thursday brushed off continued turmoil from his tariff policy as “transition problems.” “We think we’re in very good shape,” Trump said as he convened his Cabinet for a meeting at the White House. “We think we’re doing very well. Again there will be a transition cost, transition

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