A new poll reveals that President Donald Trump is facing declining public approval over his handling of the economy.
Why It Matters?
The economy remains a top priority for American voters. According to a Gallup poll, economic concerns were the primary reason many supported Trump in the November 2024 presidential election.
However, his economic policies since taking office have sparked growing unease among the public.
Much of the concern stems from Trump’s shifting tariff policies. His decision to impose 10% import tariffs on several global trading partners led to market declines, and although a temporary 90-day pause on these tariffs helped markets recover, the back-and-forth has unsettled many Americans.
A series of polls indicates rising anxiety about how these tariffs could affect the broader economy.
Key Findings
A CBS News/YouGov poll conducted from April 8 to April 11, surveying 2,410 adults (with a margin of error of ±2.5 percentage points), found that:
- 56% disapprove of Trump’s economic policies, while 44% approve.
- 58% oppose the new tariffs on imported goods, with 42% in support.
- 75% believe tariffs will increase prices in the short term, and 48% expect price hikes in the long term.
- Only 5% think tariffs will reduce short-term prices, and 30% believe they’ll lower prices in the long term.
- 49% say Trump’s policies are hurting their finances, compared to 21% who feel financially better off.
- 33% predict a recession next year, while 29% are optimistic about economic growth.
- 53% think the economy is worsening, 28% say it’s improving, and 19% feel it’s staying the same.
Expert Insight
Thomas Gift, associate professor of political science and director of the Centre on U.S. Politics at University College London, previously told Newsweek that Trump’s approach to tariffs has alienated many voters.
“Trump hasn’t gained much support through his tariff strategy. It’s not just the policy itself that frustrates voters, but also the erratic decision-making and unclear communication from the White House,” Gift said.
“He built his image as a skilled dealmaker and sharp businessman, but recent developments have seriously undermined that reputation.”
What’s Next?
Public opinion on policy decisions often shifts. Whether this dip in support marks a lasting trend or a temporary response remains to be seen.
It’s also uncertain whether Trump will adjust his approach in light of the backlash.
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