28 April | Dollar

Donald Trump’s team overlooks economic issues — Politico

Donald Trump’s team overlooks economic issues — Politico

Politico says that President Donald Trump’s administration is overlooking economic polling and insisting import tariffs and trade negotiations will benefit Americans and positively impact US GDP.

According to the CNN poll, approval of the current US leader’s economic strategy has reached a new low of 39%. The joint survey conducted by the Washington Post, ABC News, and Ipsos found that about 7 in 10 Americans now rate the economy negatively, with 53% saying the conditions have worsened since Donald Trump took office in January.

However, according to White House officials, the new US administration’s tariff policy will ultimately lead to a stronger economy and lower taxes for Americans. Trump claims that income taxes will be significantly reduced or completely eliminated for many US citizens. In addition, he emphasized that a large number of jobs are already being created and new plants and factories are being built. 

Last week, the US leader also said he had negotiated trade agreements with 200 countries, refusing to name specific ones. However, Treasury Secretary Scott Bessent confirmed only 17–18 deals.

Period: 24.10.2025 Expectation: 1600 pips
GBPUSD is poised to retest 1.34800
17 October 2025 54
Period: 31.10.2025 Expectation: 600 pips
Break below 0.908 could send AUDCAD to autumn lows
17 October 2025 41
Period: 24.10.2025 Expectation: 290 pips
Brent crude to rebound to $62.90
17 October 2025 43
Period: 30.11.2025 Expectation: 2500 pips
Buying NVIDIA shares upon return to $170 support
16 October 2025 75
Period: 23.10.2025 Expectation: 28500 pips
Opening long positions on ETHUSD as buying interest recovers
16 October 2025 70
Period: 20.10.2025 Expectation: 1500 pips
Buying GBPUSD on weaker US dollar and potentially positive UK data
16 October 2025 54
Go to forecasts