Tariffs are dampening consumer confidence and fears of a downturn seem to be weighing on the dollar

Summary

Donald Trump’s tariffs on Canada and Mexico have unsettled markets, sparking fears of a “Trumpcession.”

Investors, once hopeful for a U.S. “golden age,” are now wary of economic uncertainty caused by shifting trade policies, Musk’s disruptive government layoffs, and unclear fiscal strategies.

Businesses and consumers are hesitating on spending, weakening growth prospects.

U.S. consumer confidence has dropped, and concerns over the dollar’s status as a global reserve currency are emerging.

  • @[email protected]
    18•22 hours ago

    Wait, a proto-fashist sociopath notorious liar narcissist who tanked every business he was involved in doesn’t improve the economy? How could this be?

    • partial_accumen
      11•21 hours ago

      The American Oligarchs were promised by the GOP the destruction of free or low cost government provided services forcing American consumers to pay private corporations for the same services. Except entirely on brand for trump, he is providing the destruction without an intact American consumer base able to purchase any services from private companies.