Americans could be done with tariff panic-buying

Retail and food service sales dipped in May.

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• Consumer spending on retail and food services was down 0.9% in May.
• Auto dealers have a stockpile of vehicles with lower demand in the market.
• Tariffs continue to weigh heavy on future business decisions.

American shoppers are starting to step on the brakes.

President Donald Trump's seesaw sentiment on tariffs led many Americans to stock up on goods. The latest retail sales data shows this may be slowing.