Overview
- A new Reuters/Ipsos poll shows President Trump's economic approval rating has dropped to 37%, the lowest of his presidency, reflecting growing dissatisfaction with his economic policies.
- Seventy-five percent of Americans express fears of a looming recession, and two-thirds are concerned about the stock market's sharp decline, the worst since early COVID-19.
- Fifty-six percent of respondents describe Trump's economic strategies, including aggressive tariffs, as 'too erratic,' with even some Republican voters voicing criticism.
- Trump has paused higher reciprocal tariffs this month and hinted at potential reductions on Chinese imports through negotiations, but public anxiety persists.
- Despite economic concerns, Trump's overall approval rating stands at 42%, bolstered by strong support from Republican voters.