Economic Concerns Grow Amid Trump's Tariff Policies, Falling Confidence

A Reuters/Ipsos poll highlights growing concern among Americans regarding President Trump's economic policies, particularly his tariffs on trade partners, which have contributed to volatility in the stock market, with the S&P 500 losing over $3 trillion. Despite warnings of a potential recession, with estimates of a 40% risk if further tariffs are imposed, a segment of Trump's support base remains optimistic about long-term benefits. Business leaders have expressed urgency for market stability, with Trump suggesting tariffs could exceed 25%, exacerbating unease among investors. Economic indicators show plummeting consumer confidence and rising mortgage delinquencies, signaling a fragile economic landscape. Critics warn that Trump's tariffs and spending cuts could lead to stagflation, reminiscent of the 1970s economic malaise. Overall, the combination of aggressive trade policies and rising inflation has generated a complex economic environment that is raising alarms among both consumers and business leaders.