A recent CNBC poll reveals that Donald Trump's approval rating for his economic policies has hit an all-time low. For the first time in his presidency, 55% of respondents reported being unhappy with the leader’s economic management, while only 43% expressed support. This growing pessimism is fueled by criticism over his recent tariff hikes, rising inflation, and changes in federal spending.
Negative sentiment is particularly strong among Democrats and independent voters, but even Republican support has waned due to trade duties and inflation worries. More than half of those surveyed believe the economy is likely to worsen in the coming year, with 57% fearing a recession.
Sweeping tariffs are a major stumbling block for the US, with 49% disapproving and only 35% approving. Trump has also been criticized for his handling of government spending and foreign policy, experts note.
Meanwhile, 53% of Americans view the current investment climate as unfavorable, thus indicating a decline in stock market confidence, the poll suggests.