US Edition
Americans Sour on US Economy and Anxiety over Tariffs Remains the Chief Culprit
- The Conference Board reported a 5.4-point drop in U.S. consumer confidence to 93.0 in June 2025 amid continuing tariff concerns and rising job worries.
- This decline followed President Donald Trump's expanded tariffs, which increased steel and aluminum duties to 50% and imposed new rates on China, the EU, India, and Japan.
- Surveys of CFOs from Duke University and Federal Reserve Banks found that 40% named tariffs a top concern and 41% delayed investment plans due to trade-related uncertainty.
- Yale Budget Lab estimates these tariffs will raise inflation by 2.3% in 2025, translating into roughly $3,800 more annual expenses per American household.
- The sustained tariff impact suggests slower economic growth, elevated financial anxieties, and cautious business spending throughout 2025 as manufacturing shifts remain uncertain.
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Biz sentiment worsens for first time in 4 months in June: BOK survey
Korea's business sentiment worsened for the first time in four months in June amid slowing exports and rising tensions in the Middle East, a central bank survey showed Thursday. The Composite Business Sentiment Index (CBSI) for all industries stood at 90.2 in June, down 0.5 point from the previous month, according to data from the Bank of Korea (BOK). It marked the first on-month decline since February. The index measures corporate outlooks on o…
·Korea, Republic of
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Coverage Details
Total News Sources40
Leaning Left11Leaning Right4Center11Last UpdatedBias Distribution42% Left, 42% Center
Bias Distribution
- 42% of the sources lean Left, 42% of the sources are Center
42% Center
L 42%
C 42%
15%
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