Half of Americans Are Cutting Back Due to Tariffs — Including Summer Vacations

Half of Americans are cutting back due to tariffs — including summer vacations

While Donald Trump demands that companies ‘eat the tariffs’, multiple surveys and polls show that Americans are expecting major price hikes

Some Americans are shifting their summer plans to avoid tariff price hikes

Summer looks a little different this year for some Americans who say they are dialing back their leisure activities and shopping sprees due to tariffs.

U.S. Travelers Plan Frugal Summer Vacations amid Economic Uncertainty

Despite an increase in the number of Americans planning leisure vacations this summer, many are cutting back on spending due to economic concerns, according to a new report from Deloitte. About 53% of survey respondents said they plan to take a leisure trip this summer, up from 48% in 2024....

Americans Continue to Disapprove of Trump’s Handling of the Economy

Poll: Trump’s Handling of the Economy This Navigator Research report covers the latest perceptions of Trump’s handling of the economy, including rising costs and his plan for tariffs. A majority of Americans (56 percent), including 61 percent of independents, disapprove of President Trump’s handling of the economy. Majorities describe the economy as “volatile” (67 percent) and “uncertain” (67 percent) rather than “stable” (28 perce…