Half of US consumers expect tariffs to drive recession

Half of US consumers expect tariffs to drive recession
US President Donald Trump's tariffs will be inflationary, many US consumers think. (Image: Getty)
Staff reporters
A clear majority of American consumers expect US President Donald Trump’s tariffs to produce a recession, according to polling by New Zealand-based global polling service Stickybeak.Some 53% of a random sample of 1,000 Americans told the Stickybeak chatbot pollster that they expected the Trump tariffs would produce a recession, 56% expected it to produce an economic slowdown, and 71% expected imported goods to become more expensive for US consumers.Higher inflation was an expectation of 60%. In comparison, close to half – 48% &ndash...

More Trade

Luxon heads to China with business leaders
Politics

Luxon heads to China with business leaders

The visit takes place amid criticism of Luxon's approach to NZ-China relations.

Trade Window sees ebitda breakeven for FY26
Markets

Trade Window sees ebitda breakeven for FY26

The company has shaved costs, grown revenue and benefited from trade turmoil.

Pattrick Smellie 29 May 2025
What the US-China Trade Agreement Means for Markets
Politics

What the US-China Trade Agreement Means for Markets

US Treasury Secretary Scott Bessent has been key to improved China-US trade relations.

The tariffs John Key is worried about
Economy

The tariffs John Key is worried about

Key stands by his view Trump would have been better for the economy than Kamala Harris.

Dileepa Fonseka 06 May 2025