Trump’s Economic Approval Hits Record Low Amid Inflation Concerns

Key Points:

  • Survey reveals economic dissatisfaction impacts Trump’s approval ratings.
  • 44% approve of Trump’s overall presidency in latest survey.
  • Increase in negative sentiment towards U.S. stock market and economy.

trumps-economic-approval-hits-record-low-amid-inflation-concerns
Trump’s Economic Approval Hits Record Low Amid Inflation Concerns

In April 2025, CNBC reports President Donald Trump’s economic approval rating has plummeted to an unprecedented low due to tariffs and inflation burdens.

This decline may impact market dynamics and investor sentiment in the U.S.

Trump’s Economic Ratings Face Historic Decline

The latest CNBC All-America Economic Survey reports a decline in President Donald Trump’s economic approval, with tariffs and inflation burdening the public. Trump’s overall approval stands at 44%, with 51% disapproval, his first net negative economic rating in CNBC polls. Only 43% support his handling of economic issues, as Americans express pessimism about future financial conditions. Steve Liesman of CNBC shared the survey’s findings, highlighting “Tariffs look to be taking a political toll on President Trump along with uncertainty and inflation. The CNBC All America Economic Survey finding President Trump’s approval rating at 44% with 51% disapproving. […] the poll finding is economic approval at 43%, compared with 55% disapproving. It is the lowest economic approval in any CNBC poll. […] his first net negative showing on the economy.” No significant immediate market impacts or crypto sector shifts have been observed, aligning the survey results with past trends of increased volatility under economic uncertainty.

Tariffs and Inflation Influence Economic Sentiment

Did you know? The recent drop in economic approval matches lows seen during the 2017–2020 tariff controversies under Trump’s administration, historically impacting market volatility.

While no direct regulatory or digital asset market shifts occurred, the survey fuels concerns about long-term U.S. economic stability. Historically, such pessimism preceding major policy changes is linked to market volatility, underscoring the importance of broader economic shifts. Experts suggest potential implications for traditional equity markets and increased cautiousness among investors, potentially extending to the cryptocurrency sector.

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