Roundup: Tariff concerns cast shadow over U.S. consumer spending in summer

NAMPA / Xinhua

2025-07-08

SACRAMENTO, United States, July 8 (Xinhua) -- Americans may have to think twice before they travel, dine out or shop this summer -- a season typically defined by spending, as tariff concerns weigh on consumer sentiment, multiple surveys have shown. U.S. President Donald Trump on Monday announced new tariffs ranging from 25 to 40 percent on 14 countries and signed an executive order to extend the pause on "reciprocal tariffs" to Aug. 1. Acco......

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