US consumers rush to buy as Trump tariffs fuel stockpiling, report finds
- Posted on February 19, 2025
- By Business News Today
- 5 Views
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US consumers rush to buy as Trump tariffs fuel stockpiling, report finds
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Amid concerns over President Trump's tariffs, one in five Americans are buying more items to avoid potential price hikes, especially of non-perishable goods. The report indicates tariffs may lead to inflation and economic uncertainty, with 22% indicating significant impact on large purchases. Wall Street fears tariffs could escalate inflation and hamper economic growth.