Finance guru Charles Payne issues doomsday warning after Trump's tariffs - here's how it'll hit you
A finance guru warns 'boom times' for the American economy are a long way off, despite Donald Trump's claims about his tariffs. Fox Business Network host Charles Payne pointed to 'shocking' falls in consumer spending and confidence in recent figures. Trump's tariffs and sweeping government job cuts darkened consumers' mood and may be weighing on an otherwise mostly healthy economy. Data showed that consumers slashed their spending by the most since February 2021, even as their incomes rose.
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