Americans’ optimism about the economy faded as Iran tensions escalated | CNN Business

CNN  — 

Consumer confidence dropped last month to a reading of 93, a 5.4 point decline from May, according to data the Conference Board released on Tuesday. The decline was seen across all political affiliations but was strongest among Republican respondents.

Consumers had been feeling better after an agreement was secured between the United States and China to lower massive tariffs on each other — but mounting uncertainty over President Donald Trump’s economic policy and tensions in the Middle East are leaving consumers feeling less gung-ho about what the US economy has in store.

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