Impact of “Trade War” Backfires: Decrease in Support for Trump among Americans

A recent public opinion poll conducted in the United States revealed that the percentage of individuals supporting Trump’s economic and inflation policies decreased by approximately 4 points in about 2 weeks. According to a survey conducted in the U.S., the support for President Donald Trump’s economic policies among the American people has decreased. The results of the survey, which CBS News announced to the public on Sunday, showed a 4-point decrease in support for Trump’s approach to the economy and inflation. This decline is attributed to the tariffs imposed by the President on numerous countries, especially China, and the resulting “trade war.”
TOTAL SUPPORT SHOWS A TREND OF DECLINE
According to USA Today, 44% of the 2,410 Americans surveyed expressed approval for Trump’s approach to the economy. The percentage of those approving Trump’s approach to dealing with inflation was recorded at 40%. This indicates a 4-point decrease compared to the survey results from March 30th. The results of the public opinion poll, which also measured overall support for Trump, revealed that support for Trump was 47% in the latest poll. This figure stood at 50% in March and 53% in February, the second month of Trump’s second term.
REPUBLICANS CONTINUE TO SUPPORT
On the other hand, it was observed that support for Trump’s tariff plans varied according to participants’ political views. As such, 91% of Republican participants, like Trump, supported Trump’s tariff and trade policies, whereas this figure was 43% among independent voters and only 16% among Democratic participants. 58% of the participants stated that they were against imposing new tariffs on imported products.
The survey was conducted between April 8 and 11. On April 9, Trump announced that he would suspend “mutual tariffs” for 90 days and reduce tariffs on many countries, excluding China, to 10%. While the U.S. imposed a 145% tariff on products from China, China retaliated by imposing a 125% tariff. Trump announced on Friday that smartphones, computers, and other electronics would be exempt from these tariffs for now.
62% SAY “STOCK MARKET WILL DECLINE”
According to the survey results, although 51% of participants approved of the tariffs, only 37% approved of Trump’s approach. 59% of participants perceived the state of the economy as quite bad or very bad, with 53% feeling that the economy was deteriorating even further.
Responding to the question about the direct effects of tariffs, 49% of participants stated that their economic situation had worsened, while 21% believed that the decisions had improved their economic situation. 58% of participants claimed that the tariffs had raised prices they faced when shopping, while 18% believed that the decisions would lower prices. The percentage of those who predicted that the stock market would decline was 62%.