Stressed US Low-Income Shoppers Hunt for Smaller Packs, Restaurant Meals Under $5

Lower-income U.S. households are cutting back on eating out, travel and pantry staples like diapers, soda and beer, as U.S. tariffs on imports are set to push prices even higher, said executives from Procter & Gamble, Coca-Cola and Chipotle Mexican Grill.

Consumers are increasingly seeking bargains, according to earnings reports and executive commentary from the past two weeks. Industry experts expect profit margins to shrink as companies find they can no longer rely on price hikes to boost revenue. U.S. President...

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