Trump’s Economic Approval Slips as Concerns Over Inflation and Tariffs Grow: Poll
President Donald Trump’s approval ratings on the economy and inflation have taken a hit following weeks of uncertainty over tariff policies and stock market volatility, according to a new poll released Sunday.
The CBS News poll, which surveyed 2,410 Americans, found that only 44% now approve of Trump’s handling of the economy, and just 40% approve of how he is addressing inflation. Both figures represent a 4-point drop since March 30.
Trump’s overall approval rating has also declined, falling to 47% in April—down from 50% in March and 53% in February.
When it comes to Trump’s approach to tariffs and trade, opinions remain sharply divided along party lines. In contrast, only 43% of independents and 16% of Democrats agree.
Participants were surveyed between April 8 and 11. During that time, on April 9, Trump announced a 90-day suspension of “reciprocal tariffs,” reducing the rate to 10% for imports from most countries—though one major exception remained.
U.S. tariffs on Chinese imports have climbed to a combined 145% amid an intensifying trade war between the two nations.
Very exciting for America, and the World!!!
The poll shows that while 51% of Americans support Trump’s overall goals on tariffs and trade, only 37% approve of how he’s going about achieving them.
According to the poll, 59% of respondents rated the U.S. economy as either fairly bad or very bad, with 53% saying they believe conditions are worsening. Nearly half—49%—said Trump’s policies are making them financially worse off, while just 21% felt his decisions were improving their financial situation.
When it comes to everyday expenses, 58% said they believe Trump’s policies are contributing to rising grocery prices, compared to only 18% who think his actions will help lower costs. Additionally, 62% said they think his policies are causing the stock market to decline.
Following Trump’s announcement of “reciprocal tariffs,” the stock market initially lost trillions, reacting sharply to declining consumer confidence.