Polls reveal that a majority of Americans disapprove of Trump’s economic management amid current stock market fluctuations.
President Donald Trump is receiving increased criticism from the American public regarding his handling of the economy. This is happening amidst significant volatility in the stock market and growing concerns about a potential recession, as shown by recent polling data.
A recent CNN/SSRS poll indicates that 56% of respondents disapprove of Trump’s economic management, marking the highest level of disapproval during his presidency so far.
Despite this, the same poll shows that Trump has the support of 51% of respondents regarding his strict immigration policies.
Additionally, a Reuters/Ipsos poll reveals that 57% of Americans believe that Trump’s economic policies have been too unpredictable.
Overall, Trump’s approval ratings in both polls stand at 45% and 44%, respectively.
These findings come in the wake of Trump’s conflicting statements on tariffs, which have unsettled markets and strained relationships with key trading partners, including major US allies.
Since its February peak, the S&P 500 has seen a decline of over $3 trillion as investors struggle to understand the implications of Trump’s “America First” economic policy.
On Wednesday, the Trump administration imposed 25% tariffs on all steel and aluminum imports, triggering retaliatory measures from Canada and the European Union.
Just a day before, Trump had threatened Canada with a 50% tariff on steel and aluminum imports but rescinded the idea after Ontario agreed to suspend a surcharge on electricity exports to certain US states.
Trump and his team have downplayed the stock market fluctuations, attributing them to temporary market movements on the path towards a stronger economy.
“I think this country is going to boom. But as I said, I can do it the easy way or the hard way,” Trump stated to reporters on Tuesday.
“The hard way to do it is exactly what I am doing, but the results are going to be 20 times greater.”
A recent CNN/SSRS poll indicates that 56% of respondents disapprove of Trump’s economic management, marking the highest level of disapproval during his presidency so far.
Despite this, the same poll shows that Trump has the support of 51% of respondents regarding his strict immigration policies.
Additionally, a Reuters/Ipsos poll reveals that 57% of Americans believe that Trump’s economic policies have been too unpredictable.
Overall, Trump’s approval ratings in both polls stand at 45% and 44%, respectively.
These findings come in the wake of Trump’s conflicting statements on tariffs, which have unsettled markets and strained relationships with key trading partners, including major US allies.
Since its February peak, the S&P 500 has seen a decline of over $3 trillion as investors struggle to understand the implications of Trump’s “America First” economic policy.
On Wednesday, the Trump administration imposed 25% tariffs on all steel and aluminum imports, triggering retaliatory measures from Canada and the European Union.
Just a day before, Trump had threatened Canada with a 50% tariff on steel and aluminum imports but rescinded the idea after Ontario agreed to suspend a surcharge on electricity exports to certain US states.
Trump and his team have downplayed the stock market fluctuations, attributing them to temporary market movements on the path towards a stronger economy.
“I think this country is going to boom. But as I said, I can do it the easy way or the hard way,” Trump stated to reporters on Tuesday.
“The hard way to do it is exactly what I am doing, but the results are going to be 20 times greater.”
