America’s Tariff-Driven Buying Spree Leaves Households Saddled with Debt and Financially Vulnerable
UNITED STATES, JUL 2 – US household debt reached a record $18.2 trillion as consumers accelerated purchases to avoid tariff-driven price hikes, risking future cuts in discretionary spending, economists warn.
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6 Articles
6 Articles
America’s tariff-driven buying spree leaves households saddled with debt and vulnerable
The rush to buy ahead of tariffs has left many Americans with thinner financial cushions and greater exposure to economic shocks. As inflation and debt payments eat into household budgets, economists expect consumer spending growth to slow, potentially weakening the broader economy148.
·Atlanta, United States
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Total News Sources6
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
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