Zincwarrior
Diamond Member
Approval for Trump's performance on the economy has fallen to 37%. This is a record low for any of Trump's terms.
President Trump is seeing a drop in economic approval as concerns rise over his sweeping tariff agenda, which he argues would revitalize manufacturing domestically, according to a new survey.
The Reuters/Ipsos poll, released Wednesday, found that just 37 percent of Americans approved of Trump’s handling of the economy — down 5 points since he returned to the Oval Office earlier this year. It is the lowest figure on the topic spanning both of his presidential terms, the pollster noted.
Nearly 75 percent of U.S. adults said they are worried about a recession and more than half the respondents, 56 percent, said Trump’s retooling of the economy is “too erratic,” including about one-in-four Republican voters, the survey found.
The numbers also show that two-thirds of Americans said they are concerned about the impact of his trade war on the stock market. When giving the statement, “Trump’s actions could make it harder for me to live comfortably when I retire,” roughly 52 percent of U.S. adults said they agreed, while 31 percent said otherwise, according to the poll.
Trump has imposed a 125 percent tariff on most Chinese goods coming into the U.S., on top of an existing 20 percent — as well as a flat 10 percent tariff on most foreign trading partners. He paused the majority of his higher reciprocal tariffs earlier this month and has also suggested the import taxes on Beijing could come down after negotiation.