President Trump imposed new tariffs on imports from more than 80 countries on July 24, ranging from 10% to 12.5%, with estimated costs to American households of about $1,100 according to Yale’s Budget Lab. Gas prices have risen to a national average of $4.10 per gallon, up from $3.16 a year ago, driven by the ongoing Iran war. According to a CNBC and SurveyMonkey survey released on July 20, 53% of Americans report heightened financial stress compared to last year, and half expect the U.S. economy to worsen over the next twelve months. The article suggests three tools to save money: cash-back credit cards, coupon apps such as Ibotta and GasBuddy, and wholesale club memberships like Costco.
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