美国经济：关税开始抑制实际消费支出-US Economics-Tariffs start to cool real spending

Key Takeaways December 5, 2025 03:42 PM GMT US Economics | North America Tariffs start to cool real spending | M | | | | --- | --- | --- | | | | Update | | December 5, 2025 03:42 PM GMT | | | | US Economics North America | Morgan Stanley & Co. LLC | | | | Michael T Gapen | | | | Chief US Economist | | | Tariffs start to cool real | Michael.Gapen@morganstanley.com Sam D Coffin | +1 212 761-0571 | | | Economist | | | spending | Sam.Coffin@morganstanley.com | +1 212 761-4630 | | | Diego Anzoategui | | | | Econ ...