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International Business Times
International Business Times
Vidhya Ck

Doom Spending On The Rise? Trump Tariff Fears Spark Buying Frenzy, Report Finds

34% of credit card users expect to increase their debt this year in order to buy what they need. (Credit: David Dee Delgado/Getty Images)

One in five Americans are buying more items than usual, driven by concerns about President Donald Trump's tariffs, as fear of rising prices is fueling a rush to purchase and stockpile goods, according to a recent report from CreditCards.com.

According to the report, 19% of respondents said they are buying significantly more (5%) or slightly more (14%) items than usual. Of this group, 29% say fear of Trump's tariffs greatly impacts their desire to make additional purchases, while 37% say it's having some impact.

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