Press Article: Trump’s Tariff Gamble Backfires, Erodes Political Support
One month into President Trump’s administration, the impact of his tariff policies is becoming increasingly evident, yielding detrimental effects both politically and economically. As he marks 100 days in office, his approval ratings have plummeted, dropping 14 points from inauguration day, with a recent RealClearPolitics poll showing a concerning net-negative rating.
Initially, nearly 49% of Americans approved of his proposed economic policies, but recent polling data reflects a staggering 27-point decline in support for his handling of inflation and a 22-point drop in economic approval. The consensus across various polls, including nine out of the last ten tracked by RealClearPolitics, indicates a troubling landscape: Trump’s economic approval ratings now sit firmly underwater.
The backlash against his tariff strategy is palpable, with 61% of Americans disapproving of his trade policies and 54% believing tariffs could worsen their personal finances. Concerns are mounting as nearly 70% feel the administration is overly focused on tariffs while neglecting inflation control.
Recent economic indicators underscore these apprehensions—last week, the Commerce Department reported a 0.3% GDP contraction for Q1 2025, marking the first negative growth since 2022. Economists, like Chris Rupkey, voiced alarm at the economic downturn, emphasizing the severity of the situation.
Despite this, Trump remains defiant, dismissing potential economic woes from his tariffs. His recent comments about children possibly having fewer toys due to cost increases illustrate a stark disconnect with the American public’s concerns.
As the midterm elections approach, Democrats are poised to leverage the growing discontent over economic policies. If Trump does not adjust his course, he risks further alienating voters, as his previously strong economic platform now represents a significant political liability. The tariffs, intended to bolster the economy, may instead become a substantial tax on his political capital.
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