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2025 Tariffs: What Do US Consumers Think?—Proprietary Survey Insights
6 minutes

2025 Tariffs: What Do US Consumers Think?—Proprietary Survey Insights

Primary Analyst:
Aditya Kaushik, Analyst
Contributors
Primary Analyst:
Aditya Kaushik, Analyst
Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Other Contributors:
John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Insight Report

What's Inside

On February 1, 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico, as well as a 10% tariff on all goods from China, as promised during his presidential campaign. Now that the tariffs have been implemented, we explore proprietary Coresight Research survey data on what US consumers believe the impact of these tariffs will be.

Proprietary survey data in this research report include:

  • How US consumers believe the tariffs will impact the overall economy and their personal finances
  • The potential drawbacks and benefits of the new tariffs
  • How selected respondents will change their shopping behaviors to avoid the effects of tariffs

Companies mentioned in this report include: Best Buy, Shein, Temu, TJX Companies, Walmart

Other relevant research:

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