内容摘要：On Friday the Trump administration paused its new taxes on electronics imported into the U.S. — signaling some relief from trade wars that have particularly escalated with China, a major exporter of technology from smartphones to laptops. But these goods remain subject to other levies.

On Friday the Trump administration paused its new taxes on electronics imported into the U.S. — signaling some relief from trade wars that have particularly escalated with China, a major exporter of technology from smartphones to laptops. But these goods remain subject to other levies.

WASHINGTON (AP) — U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that Presidentwill worsen inflation.

The preliminary reading of the University of Michigan’s closely watched consumer sentiment index,, declined 2.7% on a monthly basis to 50.8, the second-lowest level in the nearly 75-year history of the survey. The only lower reading was in June 2022. Since January, sentiment has tumbled nearly 30%.Americans have largely taken a sour view about where the economy is headed in the wake of the Trump administration’s imposition of huge import duties, which threaten to slow growth and push up prices. In recent weeks the White House has

on its most draconian policies, though average duties are still high by historical standards.AP Washington correspondent Sagar Meghani reports on another dip in consumer sentiment.

Consumers’ outlooks are also sharply divided by their political views, which has caused some economists to question the survey’s results. The University of Michigan also last year switched from using both online and phone responses to just online, which some analysts worry may have introduced a more negative bias.

The sentiment index for Democrats fell to 33.9 this month, the lowest since partisan data began in 1980 and far below the levels reached in the depths of the COVID pandemic or during the 2008-2009 Great Recession.carries Trump’s title, the “

,” as well as his campaign promises to extend the tax breaks approved during his first term while adding new ones, including, automobile loan interest and Social Security. There’s also a higher standard deduction, of $32,000 for joint filers, and a bigger child tax credit.

The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, estimates that the House billto add roughly $3.3 trillion to the debt over the next decade.