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Half of Americans are very worried the U.S. is headed toward a recession—and point the finger to Trump’s tariffs

Fortune LogoFortune12h ago

Half of Americans are very worried the U.S. is headed toward a recession—and point the finger to Trump’s tariffs - Fortune

Quick Summary:

Americans’ trust in President Donald Trump to bolster the U.S.economy appears to be faltering.

Treasury Secretary Scott Bessent had also said in a closed-door speech that the situation with China is not “sustainable.About 6 in 10 U.S.adults are “extremely” or “very” concerned about the cost of groceries in the next few months, while about half are highly concerned about the cost of big purchases, such as a car, cellphone or appliance.

Trump seemed to recognize the drag from tariffs as he highlighted this week the possibility of a deal with China.


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Article Details

Author / Journalist: Josh Boak, Amelia Thomson-Deveaux, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 18:18:49 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 992 words

Reading Time: 6 minutes read

Sentences: 6 lines

Sentence Length: 166 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28198583

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 62 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #95

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