US consumer sentiment sees largest drop since 1990 after Trump tariff chaos

US consumer sentiment sees largest drop since 1990 after Trump tariff chaos
By: The Guardian Posted On: April 25, 2025 View: 1

Experts warn of slowing economy after score based on Americans’ financial outlooks fell by 32% since JanuaryUS consumer sentiment plummeted in April after Donald Trump’s trade war threw the global economy into chaos, according to a new report.The index of consumer sentiment, a score based on a monthly survey asking Americans about their financial outlooks, fell by 32% since January – the largest drop since the 1990 recession, according to the University of Michigan’s Institute for Social Research. Continue reading...

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