Overview

• President Trump's approval rating has fallen to 47% in the latest Echelon Insights poll, marking a notable decline from earlier in his second term.
• The introduction of 'Liberation Day' tariffs, including a 10% baseline on all imports and steep duties on Chinese goods, has unsettled financial markets and voters.
• A CBS/YouGov poll reveals 75% of respondents expect the tariffs to increase prices in the short term, with nearly half predicting long-term economic effects.
• Trump's approval on economic performance has dropped to 44%, with 56% disapproving, reflecting growing dissatisfaction with his handling of inflation and trade policies.
• Comparisons to Joe Biden's presidency underscore Trump's challenges, as Biden's approval at a similar point in his term stood at a stronger 54%.