US consumer sentiment sees largest drop since 1990 after Trump tariff chaos

"US consumer sentiment reached its lowest level in over three decades earlier this year, plunging to 52.2 in April after only rising slightly from March's record low of 57. The sharp decline marked a 32% drop since January and underscores growing pessimism across all demographic groups, as economic uncertainties tied to trade policies and inflation concerns weigh heavily on public sentiment."