American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Latest News

Trump’s approval rating dips as economic concerns weigh on public sentiment

by admin February 20, 2025
February 20, 2025
Trump’s approval rating dips as economic concerns weigh on public sentiment

US President Donald Trump’s approval rating has declined slightly in recent days as more Americans express concerns about the direction of the economy, according to a Reuters/Ipsos poll.

The six-day survey, which concluded on Tuesday, found that 44% of respondents approved of Trump’s performance, down from 45% in a January 24-26 poll.

The 78-year-old’s approval stood at 47% immediately after his return to the White House on January 20-21.

Disapproval of Trump’s presidency has risen more significantly, climbing to 51% in the latest poll from 41% just after he took office.

The Reuters/Ipsos poll surveyed 4,145 US adults nationwide and has a margin of error of approximately two percentage points in either direction.

Earlier in the month, a CBS News/YouGov poll found that 53% of Americans approve of Trump’s job performance so far, while 47% disapprove.

Additionally, 70% of respondents said Trump is “doing what he promised” during the campaign.

The poll surveyed 2,175 US adults from Feb 5-7, 2025.

Why is Trump’s approval rating going down?

While Trump continues to receive relatively strong support for his immigration policies—47% approve of his approach—public sentiment on the economy has weakened.

The share of Americans who believe the economy is on the wrong track rose to 53%, up from 43% in the previous poll.

Approval of Trump’s handling of the economy fell to 39% from 43%.

Economic concerns remain central to Trump’s political standing. While his 39% approval on the economy is still higher than the 34% rating at the end of Joe Biden’s presidency, it is well below the 53% he held in February 2017, the first full month of his first term.

Inflation remains a particular weak spot, with only 32% of respondents approving of Trump’s performance on the issue.

A recent US Labor Department report showed consumer prices rose at the fastest pace in nearly 1.5 years in January, with Americans facing higher costs across various goods and services.

Verdict on Trump’s tariffs

Other economic data indicates that US households expect inflation to rise following Trump’s February 1 announcement of steep tariffs on imports from China, Mexico, and Canada.

Although Trump delayed tariffs on Mexico and Canada until March, he has set a March 12 start date for duties on imported steel and aluminum and has instructed officials to develop a framework for global reciprocal tariffs.

Trump has also directed his staff to develop global reciprocal tariffs.

Just yesterday, the president announced plans to impose a 25% tariff on automobile imports, along with similar duties on semiconductors and pharmaceutical products.

Trump’s tariff policies remain divisive. While 54% of respondents opposed new tariffs on imported goods, 41% supported them.

Tariffs targeting Chinese goods received slightly more backing, with 49% in favor and 47% against.

The post Trump’s approval rating dips as economic concerns weigh on public sentiment appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Palantir stock slides over 12% on reports of defence budget cuts
next post
Why Trump’s advisers are putting Wall Street first, not the Fed

Related Posts

Why Ukrainian sugar imports to EU face significant...

March 20, 2025

Seven men arrested in India for alleged gang-rape...

March 6, 2024

USD/JPY forecast: What next for USD vs yen...

February 14, 2025

Tariffs and spending cuts likely to increase US...

March 30, 2025

Ukraine’s soldiers ‘in deep defense mode’ as uncertainty...

February 5, 2024

Iranian president-elect ready to set relations with Europe...

July 15, 2024

Israeli military inquiry says it ‘failed in its...

July 13, 2024

‘Outrage against international law’: Mexico breaks diplomatic ties...

April 7, 2024

S&P 500, Nasdaq rise sharply ending 3-day losing...

October 27, 2024

South Korean parliament impeaches acting President Han Duck-soo:...

December 28, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,022)
    • Investing (2,459)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved