Rising Tariffs, Debt Concerns Set to Weigh Heavily on US Consumer Spending
From Investing.com: 2025-05-20 01:57:00
Walmart warns of price increases due to Trump’s tariffs, advising that they should “eat the tariffs” to maintain profit margins. Ford and Subaru have already raised prices on certain models due to the tariffs. Moody’s downgrades US government debt rating, sparking concern in the bond market. The House is considering a reconciliation package that could add trillions to the federal debt. A warning from the Committee for a Responsible Federal Budget highlights the potential risks of following the UK’s path in 2022, when a similar situation led to chaos in the bond market. US bond yields are rising, signaling potential concern over supply and inflation.
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