Americans Sour On Trump's Handling Of The Economy, Reuters/Ipsos Poll Finds
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Just 37% of respondents to the six-day poll that concluded on Monday approve of Trump's handling of the economy.
WASHINGTON (Reuters) - Americans elected President Donald Trump in hopes that he would fight inflation and boost the U.S. economy, but as he approaches his 100th day in office they are giving the Republican poor marks for his handling of both, a new Reuters/Ipsos poll shows.
Trump has kicked off his term with an aggressive economic agenda, sparking trade wars as he slaps tariffs on major U.S. trading partners, trying to pressure the Federal Reserve to bend to his will and setting off the worst selloff in U.S. financial markets since the early months of the COVID pandemic five years ago.
Just 37% of respondents to the six-day poll that concluded on Monday approve of Trump’s handling of the economy, down from 42% in the hours after his January 20 inauguration, when he promised to supercharge the economy and bring about a “Golden Age of America.” The reading is well below than at any point in his first term, when it ranged from the mid-40′s to mid-50′s.
“You have a president who promised a golden age,” said James Pethokoukis, a senior fellow at the American Enterprise Institute, a conservative think tank. “But everything that’s supposed to be up is down, everything that’s supposed to be down is up.”
Pethokoukis said the economic warning signs put pressure on Trump to reverse course on tariffs, but that even if Trump caved the economy might not quickly bounce back amid the chaos.
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