Canadians Cutting Back on Spending Amid Trade Tensions With US: TD Report

Canadians Cutting Back on Spending Amid Trade Tensions With US: TD Report

Canadians have been cutting back on spending due to “escalating” trade tensions with the United States and the uncertainty surrounding American tariffs, a new report from TD Economics suggests. “The latest TD debit and credit card spending data suggest that Canadian consumers hit pause in the second quarter of 2025, reacting to escalating trade tensions,” the recently-released report says. TD’s spend data indicates that credit card spending incr…

Tariffs Trigger the Sharpest Drop in Online Spending in Over a Decade

E-commerce is undergoing the biggest slowdown in over a decade as a result of tariffs on imported goods and related economic uncertainty, according to a new report from a management consulting firm. “For the first time since the survey’s 2012 inception, consumers report that their online purchases have declined across all product categories except groceries, which remain flat,” AlixPartners said in a 2025 trends report released Tuesday based on …

Financial News Network - Trump's tariff policies reshape online shopping habits, new report finds

A new report shows President Donald Trump's tariffs are affecting consumers' online shopping behavior, with 34% delaying purchases and 28% buying earlier to avoid costs.Read More …

Tariffs trigger sharp slowdown in e-commerce

NEW YORK — The U.S. e-commerce sector is facing its most significant slowdown in over a decade, as new tariffs and shifting trade policies disrupt consumer behavior and force retailers to overhaul their fulfillment strategies. According to a new survey from AlixPartners, the online shopping ecosystem is grappling with broad-based declines across nearly every major product category, a direct consequence of President Trump’s escalating trade war.“…

Tariffs Spur Most Acute E-Commerce Slowdown in a Decade

A study from AlixPartners revealed that tariffs have prompted consumers to pull back on online spending or change their purchasing behaviors.

Global tariffs significantly impacting SMEs costs - Credit Connect

UK small and medium sized enterprises (SMEs) are being significantly impacted by the upending of the global trading environment, propelled by the US administration’s tariff policies, according to new research from independent funder Bibby Financial Services (BFS). BFS’s Trading Places report, which surveyed over 500 UK SMEs that trade overseas, found over half (55%) see tariffs as a key economic challenge today – up 15 percent compared to last y…