US consumer sentiment in March fell for the third month in a row as concerns about the economy intensified amid the tariff chaos unleashed by the policies adopted by the Trump administration, according to a report.

President Trump’s escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of Michigan’s Consumer Sentiment Index plunged 10.

Consumer confidence fell to its lowest level since 2022 as Americans across the political spectrum worry about the impact of tariffs on prices and on the overall economy. David Enrich, Pablo Torre, Eddie Glaude,

U.S. consumer sentiment plunged to a nearly 2-1/2-year low in March and inflation expectations soared amid worries that President Donald Trump's sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy.

American consumer sentiment fell another 11% in March, according to a University of Michigan survey released Friday. It fell to 57.9, the lowest confidence level in the economy since 2022.

Policy uncertainty and tariff whiplash are making consumers less confident about the economy and more worried about inflation, a new survey shows.

Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.

The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 57.9 this month from a final reading of 64.7 in February. Economists polled by Reuters had forecast the index falling to 63.

US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs.