Economy

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New survey shows 59% of Americans cutting back on spending due to tariff-induced price hikes (www.ksby.com)

submitted 1 month ago by commander@lemmy.world to c/economy@lemmy.world

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[–] TwinTitans@lemmy.world 30 points 1 month ago (1 children)

And unfortunately, they’ve seen nothing yet.

[–] 0x01@lemmy.ml 17 points 1 month ago (1 children)

300+% price increases on a huge chunk of consumer goods from China will certainly force a few more to cut back, forbes says 72% of Americans live paycheck to paycheck, there's just no room!

[–] TwinTitans@lemmy.world 9 points 1 month ago

When that actually hits it’s going to be bad.