Tariffs provoke dissatisfaction among American people, Trump's approval rating on economy hits a new low.
21/04/2025
GMT Eight
A survey of 1,000 Americans showed that President Donald Trump's net approval rating on handling economic issues has turned negative for the first time. 53% of respondents do not approve of Trump's handling of the economy, while 43% do. Overall, 44% of respondents approve of Trump's performance as president, while 51% do not, which is slightly better than the end of his first term.
Trump's Republican base continues to strongly support him. Blue-collar workers still have a positive view of Trump's economic policies, but their disapproval rate has increased by 14 percentage points compared to his first term. Blue-collar workers were key to Trump's election victory.
The survey results show that Trump has only been able to convince his base voters that his economic policies will benefit the U.S. in the long term: 49% of respondents believe that the economy will deteriorate in the next year, the most pessimistic overall result since 2023.
Tariffs appear to be a significant factor causing public dissatisfaction. Most people believe that tariffs are harmful to American workers, inflation, and the overall economy.
Meanwhile, Americans' pessimism about the stock market has reached a two-year high. About 53% of people do not think now is a good time to invest, while only 38% believe it is. These data indicate a sharp reversal in market sentiment compared to when Trump was just starting his second term as president. The April survey marked the most drastic shift towards pessimism.