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A poll of 100 CEOs reveals widespread private criticism of Trump’s tariff policies, with 76% saying consumers pay the costs.

According to Donald Trump, in economic terms you never had it so good.

“ The economy is back on track ,” the White House proclaimed last week, asserting that, among other metrics, “retail sales are booming” and inflation is falling.

These claims, however, seem to be more aspirational than real — at least that’s what the raw figures are showing. Except for the wealthy, increases in consumer spending are hitting a wall, “decelerating from the robust pace seen in late 2024,” in the words of Fitch Ratings.

Consumer spending growth fell to 0.5% in the first qu

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