US consumers are pulling back on spending due to the ongoing trade war with tariffs. This trend is causing economic uncertainty, leading Americans to be more cautious when buying big-ticket items like cars and clothing, and saving more money. New data reveals that consumer spending has slowed down, reflecting the growing anxiety among American shoppers about the impact of President Trump’s trade policies on their wallets.
Source: https://www.washingtonpost.com/business/2025/05/30/consumer-spending-tariffs-economy