NEW YORK (NewsNation) — Consumer confidence has continued to decline as Americans feel the strain of new tariffs and rising prices.

The University of Michigan's consumer sentiment index fell to 55.1 in September, down more than 5% from August and more than 21% compared to the same time last year. It's the second-lowest point of 2025.

The decline comes as President Donald Trump's new tariffs on home furnishings and remodeling supplies are set to take effect Wednesday.

Trump has said the duties, which include bathroom vanities and kitchen cabinets, are necessary to prevent other countries from "flooding" the U.S. market with inexpensive products.

IKEA: Tariffs make affordability difficult

However, retailers like IKEA have warned the tariffs will make it more difficult to sell affordable

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