The Lombard Review

Super Bowl: Shoppers wait for the tariff verdict

Tariff pass-through vs spending

The container port at Long Beach, California
The container port at Long Beach, California Photo: biofriendly/Wikimedia Commons · CC BY 2.0

Key dataCustoms ~$30bn/month

As the nation gathered to watch Super Bowl LX, American retail consumers and corporate commercial advertisers found themselves sharing a common, unshakeable preoccupation: waiting for the Supreme Court’s definitive verdict on emergency border tariffs.

A department store atrium
A department store atrium Photo: MBH/Wikimedia Commons · CC BY 4.0

The $30 Billion Monthly Tax Cloud

With customs collections running at a staggering $30 billion per month, the economic weight of border tariffs has permeated every corner of consumer life. From the price of big-screen televisions to the cost of game-day party snacks, consumers are paying the full freight of import levies. Super Bowl retail sales volumes reflected a deeply cautious consumer, with households actively curtailing non-essential discretionary purchases.

The Federal Reserve Bank of San Francisco building
The Federal Reserve Bank of San Francisco building Photo: Niki Korth/Wikimedia Commons · CC BY-SA 4.0

Commercial Spending Caution

Corporate advertisers purchasing multi-million-dollar commercial spots reflected the same underlying anxiety. Marketing campaigns focused heavily on value propositions, financing options, and utility rather than aspirational luxury. Super Bowl 2026 captures an American economy in an anxious holding pattern: consumer spending and corporate marketing are waiting on the edge of their seats for a judicial ruling that will dictate the future of American consumer prices.

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