"Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices. This uncertainty is impacting the U.S. economy."
"The U.S. economy is experiencing significant strain due to the dual pressures of President Trump's tariffs and proposed spending cuts that have further complicated fiscal stability."
The U.S. economy is showing notable signs of strain, primarily attributed to President Trump's tariffs and recent spending cuts. Consumer and business sentiment are fluctuating as fiscal support diminishes. There are rising concerns that the tariffs may lead to increased prices, amplifying economic uncertainty. Alongside other challenges in the economic landscape, these factors are contributing to a shaky outlook as stakeholders grapple with the implications of shifting fiscal policies and tariffs on market stability and prices.
Read at www.nytimes.com
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