
U.S. consumer confidence soars on U.S.-China trade truceâs ânew normalâ; economic mood shifts
U.S. consumer confidence soars on U.S.-China trade truce’s “new normal”; economic mood shifts U.S. consumer confidence surged 12.3 points in May 2025 to 98.0, the largest monthly gain since 2021, driven by a temporary U.S.-China tariff deal. Presidents …