- As the stock market remains volatile amid the aftermath of President Donald Trump’s so-called “Liberation Day” tariffs, consumer spending has not been significantly impacted, at least not yet. During quarterly earnings calls, credit card companies offered strong outlooks in regard to consumer spending, but many have taken measures to mitigate losses amid a potential economic downturn.
As President Donald Trump’s trade policies have contributed to stock market unrest, the fallout from his so-called “Liberation Day” tariffs has yet to hit the quarterly financial reports of the country’s largest lenders where consumer spending patterns are often first to emerge
