Americas tariffdriven buying spree leaves households saddled with debt and vulnerable | CNN Business
News Source : CNN
News Summary
- US household debt reached $18
- 2 trillion in the first three months of the year
- Retail sales surged in March as consumers drove up car sales, spurred on by tariffs
- But those numbers have weakened since then, declining 0
- 9% in May in the steepest monthly decline in two years
Linda Wilburn, a 62yearold retiree in Susanville, California, did not plan to buy a car this year.She originally wanted to save up, build her credit and buy a used car next year a necessary purch [+5139 chars]
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