Recent polling has revealed a decline in consumer confidence regarding the American economy, contributing to a drop in President Donald Trump’s approval ratings. Since taking office, Trump’s job approval has decreased by three points, now standing at 44 percent. Trump’s proposed tariffs on Mexico and Canada, postponed until March, have garnered only 41 percent approval, with 54 percent opposing the measures.
Reuters wrote, “Public approval of Trump’s economic stewardship fell to 39% from 43% in the prior poll.”
Despite the decline in approval ratings, Trump’s handling of the economy still surpasses that of former President Joe Biden. Biden held a 34 percent approval rating at the end of his term.
Surveys showed that public approval of Trump’s economic management has diminished, falling to 39 percent. The change is a decrease from 43 percent in previous polling.
Reuters stated, “The share of Americans who think the economy is on the wrong track rose to 53% in the latest poll from 43% in the January 24-26 poll.”
Concerns over inflation have intensified, with the consumer price index rising by 3 percent year-over-year as of January. Only 32 percent of respondents approved of Trump’s approach to inflation.
Grace Hall covers U.S. politics & news for content partner Modern Newsstand LLC.
