Retail sales petered out as tariffs kicked in. More ups and downs likely until trade wars resolved.

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 - 14:50
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Retail sales petered out as tariffs kicked in. More ups and downs likely until trade wars resolved.
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.