U.S. companies across industries are feeling the squeeze from the deepening split between lower-income and affluent consumers as tariffs pile on more uncertainty. Executives at bellwethers such as Coca-Cola (KO.N), opens new tab, along with toymakers, hoteliers and financial-service providers have noted how lower-income households are canceling or delaying purchases, exposing a hidden belt-tightening even as affluent consumers keep U.S. spending afloat.
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