Retail sales peter out in April as tariffs kicked in

After rushing to buy new cars and other imported goods in March before tariffs took effect and raised prices, Americans reduced their spending at retail stores in April in a sign of caution about how the trade wars would play out.

May 15, 2025 - 14:02
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Retail sales peter out in April as tariffs kicked in
After rushing to buy new cars and other imported goods in March before tariffs took effect and raised prices, Americans reduced their spending at retail stores in April in a sign of caution about how the trade wars would play out.