💨 Abstract

retail sales rose slightly in April, following a surge in March as consumers anticipated tariffs. The uncertainty caused by fluctuating tariff policies has led many companies to avoid forecasting earnings. In May 2025, the U.S. and China reduced their tariffs on each other's goods, easing some economic fears. Inflation cooled in April but is expected to rise by summer. Retailers remain uncertain about future tariffs and consumer reactions to price increases.

Courtesy: wtop.com