💨 Abstract

The U.S. and Britain announced a trade deal reducing U.S. tariffs on UK cars and eliminating tariffs on steel and aluminum. Gen Z, whose spending habits are defined by living and spending much more than saving, may be impacted by these tariffs. They are advised to avoid panic buying, pay down high-interest debt, build an emergency fund, track spending, and invest in retirement if they have a cash cushion.

Courtesy: wtop.com

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