U.S. Consumer Confidence Plummets Amid Trump's Economic Policies

U.S. consumer confidence saw its sharpest decline in three and a half years in February, largely attributed to concerns over the economic policies of President Donald Trump. The Conference Board reported a 7-point drop in its consumer confidence index, with fears of inflation and layoffs influencing public sentiment. Many Americans are worried about the potential negative impact of tariffs on imports, with a significant portion believing that these tariffs will raise prices. Additionally, the expectation of a recession within the next year has surged, with consumers also fearing a worsening job market and rising interest rates. Trump's recent economic measures, including a pause on tariffs and directives aimed at spending cuts, have contributed to this climate of anxiety among consumers. Overall, the data indicates a growing pessimism about the economic outlook as consumers react to the current administration's policies.