Trump's Economic Approval Drops to 37%, Recession Concerns Rise

Recent Reuters/Ipsos polling shows that American approval of President Donald Trump's handling of the economy has dropped to 37%, a five-point decline since his second-term inauguration and the lowest rating of his presidency on this issue. The decline is linked to unease over Trump's aggressive economic strategies, including broad tariffs and public pressure on the Federal Reserve, which have contributed to significant market volatility and the worst financial selloff since the early COVID-19 pandemic. The poll indicates that concerns are bipartisan, with 56% of respondents, including one in four Republicans, describing Trump’s economic actions as 'too erratic,' and about three-quarters fearing a recession. Additionally, 87% of respondents are worried about inflation, 86% about the cost of living, and two-thirds about the impact of trade wars on the stock market. While Trump retains strong support among Republicans for his economic agenda, approval among Democrats and independents is minimal. The polling underscores widespread anxiety about the direction of the U.S. economy under Trump’s current policies.