US tariffs: Many skip dinner, others rely on $5 meals — How low-income Americans are coping with price hikes
Low-income Americans are reducing spending due to rising prices driven by import duties, impacting essentials and discretionary items. Fast-food chains are responding with cheaper options to maintain demand. Experts warn that these price increases disproportionately affect the poorest, as companies may need to sacrifice profits to avoid unsustainable price hikes amid depleted pandemic-era savings.🕒 1 min read
Low-income Americans are reducing spending due to rising prices driven by import duties, impacting essentials and discretionary items. Fast-food chains are responding with cheaper options to maintain demand. Experts warn that these price increases disproportionately affect the poorest, as companies may need to sacrifice profits to avoid unsustainable price hikes amid depleted pandemic-era savings.
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