Trump’s handling of tariffs and inflation, his economic recognition rating for rock bottoms throughout his presidential career



  • President Donald Trump’s economic recognition rating It’s been falling sharply ever since we imposed tariffs. a CNBC A survey released on Saturday shows that 55% of Americans disapprove of his handling of the economy.

Many Americans were hoping to vote for President Donald Trump that his economic policies meant lower prices, lower taxes and booming. But in recent weeks, there has been Trump’s tariff policy. The shaking market and Inflationary pressure It still exists –Hurrying consumer trust.

Trump is currently facing the worst economic recognition assessment of his entire presidential career, CNBCNational Economic Survey release Saturday. A survey of 1,000 Americans showed Trump’s handling of the economy with a rating of 43% approval and 55% disapproval. It’s the first time for anything CNBC Voting Trump’s approval was net negative for the economy while he was president, Published.

“Donald Trump has been re-elected specifically to improve the economy, and so far, people don’t like what they’re seeing,” said Jay Campbell, a partner at Hart Associates, a Democrat poller. CNBC.

Meanwhile, a Gallup vote The release on Thursday also shows a decline in approvals for how Trump is treating the economy. The majority of Americans said they were “just a little” confident in the president (11%) or “nearly none” (44%). According to Gallup, Trump’s overall approval rate was well below the average first-quarter rating (60%) for all presidents elected by just 45% between 1952 and 2020.

The White House did not respond immediately luckRequest a comment.

However, respond to a CNN White House spokesman, survey showing 56% of respondents disapproved of Trump’s economic handling I said luckJason Ma, who brought historic job, wage and investment growth during Trump’s first term, said he “will do so again in his second term.”

“Since President Trump’s election, industry leaders have responded to President Trump’s No. 1 economic agenda in America to unleash tariffs, deregulation and American energy with their commitment to creating thousands of new jobs,” spokesman Kush Desai said in a statement.

CNBC Research shows Trump’s worst figures have come to handle his inflation rate, with 57% of the public saying we believe we’re either quickly or already in the economy. The president has I’ll swing and come out This week, Federal Reserve Chairman Jerome Powell, who claimed he would cut interest rates and seek his firing.

Trump posted to the true social of his social media platform that Powell was “too late and wrong” about cutting interest rates, adding, “Powell’s firing can’t be quick enough!”

Trump’s economy

Over the past few months, Trump has put tariffs on Canada, Mexico, China, aluminum and steel, threatening the European Union more. Tips, automobiles, and pharmaceuticals. However, he suspended some tariffs. And the repeated, different nature of his policies has wreaked havoc on the market and caused uncertainty.

The CEO is the most interested in Trump’s customs policy. 62% of CEOs predict a recession or slowdown over the next six months. Survey results release chief executive officer April 14th.

“This uncertainty needs to stop,” Donald H. Lloyd II, president and CEO of St. Clair Healthcare in Kentucky, said in a statement. “I support tariffs, but I believe they need to be applied strategically, not global.”

And some of the world’s most well-known and influential CEOs are spurring caution against the recession caused by Trump’s tariff policies.

“We’re at the point of decision making and we’re very close to a recession. If this isn’t handled well, we’re worried that it’s worse than a recession.” Reigariothe founder of Bridgewater Associates said NBC. “We have something deeper. We’re breaking down financial order.”

Meanwhile, “budget-constrained” consumers have shown “stressed behavior” based on economic uncertainty. Walmart CEO Doug McMillon will be taking part in late February talk At the Economic Club in Chicago.

“You know you’re going to run out of money before the moon runs out. You know people are buying smaller pack sizes at the end of the month,” McMillon said.

This story was originally introduced Fortune.com


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