US consumers will start feeling the pain of tariffs in stores by the end of May, Trump's ex-top economic advisor says
1. Tariffs will significantly impact U.S. consumer prices by late May. 2. Consumers are purchasing ahead to avoid tariff-related price increases. 3. Soft consumer data shows potential economic weakness amid rising tariffs. 4. Small businesses face hardships due to high tariffs, risking closures. 5. Lack of trade negotiations raises concerns about economic stability.