Trump’s approval evaluation of the economy in the lowest of the presidential career

President Donald Trump He registers the worst economic approval numbers of his presidential career against the backdrop of widespread dissatisfaction with tariff processing, inflation and government spending, according to the latest CNBC All-America economic survey.

The study found that the impetus of economic optimism, which accompanies Trump’s re -election, has disappeared, with more Americans now believed that the economy will deteriorate than at any time since 2023 and with a sharp turn to pessimism for the stock market.

The study of 1,000 Americans across the country showed 44% approval of Trump’s processing for the Presidency and 51% disapproval, a little better than the final reading of CNBC, when the president left 2020, but for the first time the study showed that the 43% approval and 55% disapproval.

Trump’s Republican base remains firmly behind him, but the Democrats, with -90 net economic approval, are 30 points more negative than their average in his first term, and the independent ones are 23 points more negative. Blue collar workers, who were key to the president’s election, remain positive for Trump’s processing for the economy, but their number of disapproval increased by 14 points compared to their average for his first term.

“Donald Trump has been re -elected specifically to improve the economy, and for now, people do not like what they see,” said Jay Campbell, a partner with Hart Associates, the Democratic survey of the study.

The poll was held from April 9 to the 13th and has an error of +/- 3.1%.

The results show that Trump has been able to convince only his basis so far that his economic policies will be good for the country over time: 49% of the public believe that the economy will deteriorate next year, the most pessimistic total score of 2023. This figure includes 76% of Republicans who see the economy. But 83% of Democrats and 54% of independent see the economy deteriorate. Among those who believe that the President’s policies will have a positive impact, 27% say it will take a year or more. However, 40% of those who are negative in terms of President’s policies say they are now injuring the economy.

“We are in a storm, a kind of change when it comes to how people feel about what will happen afterwards,” says Michai Roberts, managing a partner with public opinion strategies, Republican surveys for the study. “The data … suggest more than ever that the negative guerrilla reaction leads to dissatisfaction and trembling about what follows.”

While partisanism is the most significant part of the president’s negative display, he loses some support among Republicans in key areas such as tariffs and inflation and observes remarkable deterioration among independent ones.

Tariffs seem like an essential part of the public’s dissatisfaction. Americans do not approve of the margin tariffs with a margin of 49 to 35, and the majority believe they are bad for US workers, inflation and the common economy. Democrats give thumbs with 83-point margin and independent with 26 points. Republicans approve of 59 points-20-point tariffs below 79% of the president’s net approval.

The great majority of Americans see Canada, Mexico, the EU and Japan as a more economic opportunity for the United States, not as an economic threat. In fact, everyone is considered more favorable than when CNBC asks the question during Trump’s first term. The data suggest that the public, including the majority of Republicans, does not accept the antipathy that the president expressed to these trading partners. However, in China, the public views it as a threat of 44% to 35% margin, significantly more than when CNBC last asked the question in 2019.

The president’s oldest numbers come to his inflation, which the public does not approve of with a margin of 37 to 60%, including strong net nets from Democrats and independent. But at 58%, this is the largest net positive approval from Republicans for any of the questions asked for the President. 57% of the public believe that we will soon be or at the moment a recession is only 40% in March 2024. The figure includes 12%, which believe the recession has already begun.

The public also does not approve of the processing of the President of the Federal Government’s expenditure by 45% to 51%, and a margin foreign policy of 42% to 53%.

Trump’s best numbers come to immigration, in which southern border handling is approved by a margin of 53% to 41%, and the deportation of illegal immigrants is approved from 52% to 45%. The President has achieved a slight majority of supporting independent deportations and 22% support from the Democrats at the southern border. Although still modest, this is the most appropriate question for Trump among Democrats.

Meanwhile, the Americans have turned more negative on the stock exchange than two years after two years. About 53% say it’s a bad time to invest, with only 38% saying it is the right time. The numbers are a sharp turn from the optimism of the stock exchange that congratulated the president’s election. In fact, the study in December was the sharpest swing to market optimism in the 17-year history of the study, and the April study was the sharpest turn to pessimism.

The president’s problems with his approval assessment do not seem to be translated into significant potential profits for Democrats. Asked for the preferences of Congress, 48% of democratic public control and 46% support Republican control, barely changed by the CNBC study of March 2022.

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