Overview
- Recent polls show Donald Trump's approval ratings have fallen to 43-47%, marking the lowest point of his second term.
- The introduction of 'Liberation Day' tariffs, including a 10% baseline on all imports, has triggered a global trade war and market volatility.
- Economic experts warn that the tariffs could lead to a recession, with concerns about 'stagflation' and parallels to past market crises like 1987's 'Black Monday.'
- U.S. stocks saw their worst day since 2020 after the tariff announcement, though markets showed slight recovery earlier this week.
- Public dissatisfaction with Trump's economic policies has intensified, with 55% disapproving of his handling of the economy and 58% opposing the tariffs.