A new CNN poll indicates that 70% of Americans believe President Donald Trump is performing poorly in managing the economy, marking a significant shift from previous assessments.
Key Findings from the CNN Poll
The survey reveals a sharp decline in public approval regarding Trump's economic stewardship. The key metrics from the poll are as follows:
- Overall Disapproval: 70% of Americans disapprove of Trump's handling of the economy.
- Historical Context: This disapproval rating is noted as being significantly higher than previous periods, contrasting with his first term where the disapproval rating rarely approached 50%.
- Partisan Breakdown: Disapproval is high across the board, with nearly all Democrats (97%) disapproving, alongside 79% of independents and 30% of Republicans.
Economic Impact and Policy Blame
The poll suggests that specific policies enacted by the administration are being directly linked to negative economic outcomes for the public.
- Worsening Conditions: 65% of Americans stated that Trump's policies have worsened economic conditions.
- Cost of Living: A substantial 77% reported that his policies have increased the cost of living in their communities.
Turning Points: Tariffs and the Iran Conflict
The data points to two major events—the implementation of tariffs and the conflict with Iran—as critical turning points in public perception of his economic management.
- Tariffs: The announcement of global tariffs coincided with a notable jump in disapproval. Furthermore, 65% of Americans linked the tariffs to a negative effect on their personal finances.
- Iran Conflict: Similarly, the escalation involving Iran was associated with a sharp increase in negative sentiment. A high percentage (75%) of respondents attributed negative personal financial impacts to the Iran conflict.
These two events triggered the largest increases in economic disapproval recorded in either of his terms, according to the analysis.