Tariffs force important shift in consumer behavior
Consumers battling inflation are concerned about the long-term impact of trade wars on their finances.
After years of stable inflation, rates skyrocketed as the U.S. economy adjusted to post-COVID norms and supply chain bottlenecks. The years that followed saw notable price increases in consumer essentials — particularly groceries, housing, clothing, and energy.
As Americans grappled with this new normal, the cost of living became a central talking point across the political spectrum.
