Economic Policy Dissatisfaction Mounts Among American Citizens, According to Reuters/Ipsos Poll and Trump
Washington (Reuters) -- A fresh Reuters/Ipsos poll, published on Wednesday, reveals that U.S. citizens are sharply disenchanted with President Donald Trump's economic strategies. With a mere 36% approving his economic strategies, the number represents a one-point plunge and marks the lowest rating of his second term, as well as his first term from 2017 to 2021. Conversely, a hefty 56% disapprove, an increase of five percentage points.
Overall support for Trump's policies remains stagnant at 42%. The three-day survey concluded on Sunday with 1,029 respondents across the nation, boasting a margin of error of around three percentage points.
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As President Trump advances towards the 100-day mark in his second term, certain key trends and public worries about his economic policies have risen to the fore:
Approval and Economic Sentiment
- Overall approval: Trump's job approval hovers at 40% (Pew)[1] to 42% (Marist)[4], experiencing a 7 percentage point drop since February[1][2].
- Economic policy impact: 49% of citizens believe that Trump’s policies have weakened the U.S. economy, compared to 37% who argue they’ve fortified it[2].
Inflation and Living Costs
- Financial difficulties: More individuals report being financially deteriorating under Trump’s policies compared to improving[3].
- Inflation handling: Approval of Trump’s handling of inflation has reached its lowest level of his term, due to perceived price rises[3].
- Tariff repercussions: 59% disapprove of tariff increases (Pew)[1], while 58% nationally disapprove of Trump’s tariff tactics (Marist)[4]. Notably, 20% of Republicans now oppose his tariff strategies[4].
Partisan and Policy Concerns
- MAGA Republicans: This group still possesses optimism about the economy, while most Americans perceive an economy worsening[3]. Independents disapprove of Trump’s economic management (59%) and tariff approach (64%)[4].
- Policy priorities: More believe the administration is overemphasizing tariffs, with fewer trusting Trump has a clear trade plan[3].
- Executive overreach: 51% of Americans denounce Trump's reliance on executive orders to instate policy, exceeding those who view it as appropriate (27%)[1].
These trends reveal a steadily increasing uncertainty about the direct impact of Trump's policies on household finances and economic stability, particularly regarding the tradeoffs between protectionist measures and inflation pressure.
- The Reuters/Ipsos poll published on Wednesday shows that 36% of U.S. citizens approve of President Donald Trump's economic strategies, while 56% disapprove, an increase of five percentage points.
- The poll marks the lowest rating of Trump's second term, as well as his first term from 2017 to 2021, and overall support for Trump's policies remains stagnant at 42%.
- As President Trump advances towards the 100-day mark in his second term, concerns about his economic policies have risen, with 49% of citizens believing that Trump’s policies have weakened the U.S. economy.
- Trump’s handling of inflation has reached its lowest level, and 59% disapprove of tariff increases, with 58% nationally disapproving of Trump’s tariff tactics, including 20% of Republicans.
- More individuals report being financially deteriorating under Trump’s policies compared to improving, and more believe the administration is overemphasizing tariffs, with fewer trusting Trump has a clear trade plan.
