Happening now, breaking news, pulling back spending.

A new report shows the chaotic tariff rollout is impacting how much money Americans are spending.

Trade turmoil. President Trump's global tariffs are reinstated for now as he is now accusing China

of violating the trade agreements with the United States.

Welcome to our viewers here in the United States and around the world.

I'm Wolf Blitzer with Pamela Brown, and you're in the Situation Room.

This is CNN breaking news.

And we begin this morning with breaking news on the U.S. economy.

Americans are pulling back on their spending amid a very chaotic tariff rollout.

This new report caps off a rollercoaster week for the economy as President Trump's trade agenda is now in a legal tug of war.

Most of his global tariffs are now reinstated by an appeals court, but it could be short-lived

as this legal battle escalates big time. President Trump is now lashing out at the judges who ruled

he lacked the authority for those tariffs, saying,

and I'm quoting him now, where do these initial three judges come from, close quote,

and questioning if their ruling was because of their hatred of him.

One of them, by the way, was actually appointed by President Trump himself.

Let's go live right now to CNN Business and Politics Correspondent, Vanessa

Yerkevich, and CNN White House reporter Elena Treene. Vanessa, let me start with you. And let's get to

this morning's report on consumer spending here in the United States. What more are you learning?

Well, consumers pulled back in spending in the month of April. It was a significant and stark contrast to what we saw in the month of March. Consumer spending rising by 0.2%. Look at that difference compared to March when spending was up 0.7%. A little context, though, Wolf, we saw consumers spend a lot in March because they were trying to front

load goods and products to get ahead of higher prices that they thought were coming in April.

Consumers in the month of March were spending on things like cars and car parts, apparel and

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