US consumers are growing increasingly anxious as President Donald Trump rolls out an agenda that includes tariffs on an array of trading partners.
A pair of surveys closely watched on Wall Street have revealed a darkening outlook for the economy that stands in contrast to the ebullience that greeted Trump’s election in November.
The sombre mood among consumers — a pillar of America’s robust economic growth — has worried some investors and stoked a decline in Wall Street’s S&P 500 equities index in recent days.
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