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Trump Faces Declining Economic Approval Amid Concerns of Recession

New polls show a majority of Americans disapprove of President Trump's economic policies as fears grow over tariffs and market instability.

  • A recent NBC News poll found 54% of voters disapprove of Trump's handling of the economy, marking the first time his economic disapproval has reached a majority in this survey.
  • Other polls, including those from CNN and YouGov, also indicate rising public dissatisfaction with Trump's economic policies, with disapproval ratings increasing by up to 10 points in recent months.
  • Economic concerns are driven by volatile tariff policies, mixed messaging from the administration, and a 10% decline in the S&P 500 since Trump took office for his second term.
  • Treasury Secretary Scott Bessent acknowledged the possibility of an economic adjustment, while Trump defended his policies as necessary for long-term growth.
  • The Organisation for Economic Co-operation and Development (OECD) projects slower U.S. GDP growth in the coming years, partially attributing this to Trump's tariff strategies.
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