Los Angeles, Ca
Trump tariff threat leading to 'doom spending': What is it?
With new tariffs set to kick in, Americans are scrambling to buy big-ticket items before prices jump in a trend dubbed “doom spending.” Former President Donald Trump’s threat to raise tariffs on imports from Canada, Mexico, and China has sent markets tumbling and fueled fears of rising costs. KTLA’s David Lazarus explores this trend and shares his concerns about it.