The trend: Global consumer sentiment toward the US has fallen since the war in Iran began, according to Morning Consult.
At the same time, more consumers said in March that they were going out of their way to reduce spending on US brands by “a lot”—a potential indicator of rising anti-US boycott activity worldwide.
Zoom in: While the war in Iran is the most recent catalyst for anti-US sentiment, it is not the only flashpoint: Tariffs, US involvement in Venezuela, and President Donald Trump’s threats to annex Greenland have also contributed to worsening views of the US.
Implications for retailers: Companies including McDonald’s and Levi’s have flagged rising anti-US sentiment as a potential sales risk, although so far global consumers’ affinity for those brands has outweighed any desire to boycott them. That may be compounded by economic factors: Morning Consult’s report noted an association between higher consumer confidence and a greater willingness to cut spending on US brands, possibly because the ability to make those choices is dependent on financial security.
While US brands may be somewhat protected for now, the same can’t be said for the US hospitality industry.
The longer the conflict continues, the greater the risk that anti-US sentiment will weigh on US brands. To minimize the threat of boycotts, companies must take a localized approach to marketing and product development to build deeper connections in individual markets.
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