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US consumers face looming spending squeeze as Trump tax rebates fade

  • Posted on May 25, 2026
  • By Financial Times
  • 5 Views
  • 1 min read
US consumers face looming spending squeeze as Trump tax rebates fade
US consumers face looming spending squeeze as Trump tax rebates fade

Pressure is mounting with fuel prices driven 50% higher by Strait of Hormuz blockade
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Author
Financial Times

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