A recent poll conducted by Marquette University Law School sheds light on Americans’ views of President Donald Trump’s economic policies, particularly his handling of tariffs and inflation.
Public Perception of Trump’s Economic Stewardship
The survey revealed that only 37% of Americans approved of Trump’s tariff policies, while 63% expressed disapproval. Similarly, 34% approved of his approach to inflation and the cost of living, with 66% disapproving.
Impact of Tariffs on Global Markets
Trump’s tariff decisions have caused significant market uncertainty, with a net -16 percentage point approval rating on his economic management. The ongoing global trade war triggered by the tariffs has led to economic volatility.
In April, Trump announced tariffs on various countries, excluding China, and later paused most tariff implementations for 90 days. Despite initial optimism, recent announcements indicate unilateral tariff increases on multiple trading partners.
Public Concerns and Expectations
Americans have been wary of Trump’s tariff strategy since its inception. A March survey showed that 58% believed the tariffs would harm the U.S. economy, while 28% thought they would be beneficial. Additionally, concerns about inflation have been raised, with 58% anticipating an increase due to Trump’s economic policies.
Consistent Disapproval and Approval Ratings
Trump’s overall approval rating remains below 50%, with 46% approval and 54% disapproval in the latest survey. These figures have remained unchanged since March, indicating a stable but unsatisfactory public sentiment towards the president’s performance.
Methodology and Margin of Error
The Marquette poll, conducted from May 5-15, interviewed 1,004 adults nationwide, with a margin of error of +/- 3.6 percentage points. The results provide a comprehensive overview of public opinion on Trump’s economic agenda.
