US consumer confidence sinks to 5-year low driven by tariffs,...

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US consumer confidence sinks to 5-year low driven by tariffs, recession fears

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American consumer confidence has plummeted to its lowest point since the pandemic's start, driven by tariff concerns under President Trump's administration. The Conference Board reported a significant drop in April, with nearly a third of consumers anticipating job slowdowns, reminiscent of the Great Recession.

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