14 April | Dollar

Americans fear Trump’s import tariffs could accelerate inflation — CBS News poll

Americans fear Trump’s import tariffs could accelerate inflation — CBS News poll

Most Americans believe the import tariffs imposed by President Donald Trump will likely drive up inflation in the short term while slowing the US economy, a CBS News survey reveals.

The share of respondents who say Trump’s trade policies are hurting them financially has risen from 42% to 49% as of April. Meanwhile, 42% of those surveyed project a weakening US economy. Still, 34% of Americans expect tariffs to have a positive impact, according to the news service.

Meanwhile, 75% of respondents in the CBS News poll believe the fresh duties will drive up consumer prices in the US in the short term, while 48% expect a long-term effect. At the same time, most Americans believe Trump is using the tariffs for negotiations and is likely to revoke them afterward.

Elena Berseneva MarketCheese
Period: 16.05.2025 Expectation: 600 pips
AUDUSD will resume growth to 0.64900
Today at 10:59 AM 41
Period: 24.05.2025 Expectation: 4240 pips
USDJPY could extend its rally toward target level of 150.30
Today at 08:56 AM 39
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 23.05.2025 Expectation: 45000 pips
ETHUSD pulls back ahead of new growth wave
Today at 08:54 AM 37
Period: 25.05.2025 Expectation: 156 pips
Selling natural gas with target of 3,300 amid lower demand due to mild weather
Today at 06:43 AM 28
Period: 15.05.2025 Expectation: 1150 pips
EURUSD is expected to decline to 1.10800
Yesterday at 11:04 AM 72
Period: 22.05.2025 Expectation: 2720 pips
USDCAD pair aims for recovery after local decline
Yesterday at 08:06 AM 44
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Go to forecasts