Americans turn cautious and retail sales slide after a spring spending surge to beat tariffs

Americans turn cautious and retail sales slide after a spring spending surge to beat tariffs

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By CHRISTOPHER RUGABER and ANNE D’INNOCENZIO, Associated Press Economics Writer WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail…

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