Recent polling data indicates that a significant portion of the American public holds a negative view of President Donald Trump’s handling of the economy. This sentiment is reflected in various surveys and is influenced by recent economic developments, including market volatility and trade policies.
Public Opinion on Trump’s Economic Management
According to a Reuters/Ipsos poll conducted on January 21, 2025, 47% of adult Americans approved of Trump’s performance as president, while 41% disapproved. However, this approval rating declined to 45% by January 28, with disapproval rising to 46%. This decline suggests growing public concern over economic issues during that period.
Market Turmoil and Economic Credibility
President Trump’s economic credibility has come under scrutiny amid significant market turmoil. Initially, markets surged due to promises of tax cuts and deregulation, but recent volatility has erased gains made since his re-election. This instability is partly attributed to unpredictable tariff policies targeting key trade partners, leading to increased recession risks and criticism from business leaders and investors.
Approval Ratings Post Congressional Address
Despite efforts to bolster approval ratings through major speeches to Congress, President Trump has faced declining support. Snap polls from CBS and CNN showed positive viewer assessments immediately following his March 4 address; however, these audiences were largely Republican-leaning. Subsequent polling indicated a drop in approval ratings, with concerns over the economy, inflation, and tariffs contributing to this decline.
Economic Policies and Public Perception
The administration’s aggressive cost-cutting measures and economic nationalism, including imposing tariffs on Canada and Mexico, have sparked protests and legal challenges. Public discontent has grown, with many Americans believing Trump is failing to adequately address inflation—a key issue in his campaign. Even among his wealthiest supporters, significant financial losses have highlighted the widespread impact of current economic instability.
Conclusion
The negative public perception of President Trump’s economic management is influenced by recent market volatility, trade policies, and concerns over inflation. As economic challenges persist, public opinion continues to reflect skepticism regarding the administration’s handling of the economy.
