Tariff panic spurs fastest retail sales growth in two years

Consumers and businesses alike report getting rattled by the back-and-forth, unable to plan ahead and unsure what to do next. — Bloomberg

ECONOMIC data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices.

US retail sales surged 1.4% in March from the previous month, the biggest jump in more than two years.