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: 05.09.2025 Expectation: 900 pips
AUDCAD loses momentum near channel resistance
29 August 2025 39
Period: 05.09.2025 Expectation: 900 pips
Inverse head and shoulders pattern to form upon GBPUSD break of 1.358
29 August 2025 47
Period: 30.11.2025 Expectation: 2800 pips
USDJPY set to weaken in medium term
29 August 2025 25
Brent sell
Period: 05.09.2025 Expectation: 200 pips
Brent declines amid growing inventories and potential production increases
29 August 2025 47
Period: 05.09.2025 Expectation: 600 pips
Buying USDCAD on divergent data from US and Canada
29 August 2025 25
Period: 30.11.2025 Expectation: 3000 pips
Tesla shares to get boost on breaking $370
28 August 2025 46
Go to forecasts