The Americans elected the president Donald Trump With the hope that he will fight against inflation and promote the US economy, but as he approaches his 100 days in office, the first grades – not very good – were known for the Republican for in the management of both, according to a new survey of Reuters/Ipsos.
Trump started his mandate with an aggressive economic agend The worst mass sale on Wall Street since the first months of the Covid Pandemia five years ago.
Only 37% of respondents in the six -day survey that concluded on Monday approves the management of the economy by Trumpbelow 42% in the hours after its inauguration on January 20, when it promised to overload the economy and cause a “Gold Age of America“. Reading is well below any point in its first mandate, when it ranged between the mid -40 and mid -50.
And for experts the economic warning signals press Trump to reverse the direction of tariffs, but even if Trump yields, the economy may not recover quickly in the midst of chaos.
The antecedent
In a reuters/Ipsos survey carried out just after Trump’s possession, about 55% of respondents said that inflation or economy in general should be Trump’s main focus in their first 100 days in office, which extend until April 30. Twenty -three percent chose immigration.
Three months later, three quarters of the respondents on the latest Reuters/Ipsos survey told them that they were coming a recession. 56% of respondents, including one in four Republicans, said Trump’s movements to shake the economy are “too erratic.”
Market concerns
Two thirds of the respondents were concerned about the stock market, where the prices of the shares have fallen abruptly in recent weeks in the midst of investors’ concern for Trump’s plans to increase tariffs on imported goods and their insinuation that it could fire the president of the Federal Reserve, Jerome Powell, the main official of the nation responsible for controlling inflation.
The S&P 500 reference stock index is approximately 14% below its previous maximum reached on February 19. Consumer prices increased 2.5% in the year until February, well above the 2% target of the Federal Reserve.
52% of respondents said they agreed with the statement that “Trump’s actions could make me difficult to live comfortably when I retire,” overcoming 31% who did not agree with the statement.
Trump warned on Monday that the economy could slow down if the Federal Reserve does not lower interest rates, saying that the nation was in a path where “there cans almost no inflation.” But Powell, like Wall Street economists, has said that Trump’s movements to increase tariffs, including a new 145% tax rate on most Chinese imports, could boost inflation at least in the short term, and possibly for longer.
The bank giant JP Morgan awaits a recession this year, largely due to Trump’s tariff policy, which has led other countries to impose strong levies for US exports.
Of course, a large part of the United States still supports Trump, many fervently.
Its general approval index, of 42%, remains higher than its Democratic predecessor Joe Biden enjoyed during much of his mandate, and has been promoted by a somewhat greater proportion of Americans, 45%, which support Trump’s hard line actions in immigration.
The president’s party also supports him firmly, with 81% of self -identified Republicans by approving Trump’s economic management, compared to 5% of Democrats and 28% of people outside the two parties.
Many Americans sympathize with their opinion that the US has obtained a bad treatment in global affairs in general, even in trade and defense. 48% of respondents agreed with the statement that “most other countries, including traditional United States allies, take advantage of the US.” 34% did not agree.
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But even one in three Republicans said that their cost of living was on the wrong way, according to the survey, which surveyed 4,306 American adults throughout the country between April 16 and 21. The survey had an error margin of approximately 2 percentage points.
Three quarters of respondents, including two thirds of the Republicans, said they were concerned about the reliability of the Social Security system, which has been a focus of the impulse of the Trump administration to reduce the federal government that has been led by the richest man in the world, Elon Musk.
Of course, many serious warning signs about the economy have come from surveys to companies or outstanding economists, while labor market measures remain healthier, with the unemployment rate in March increasing only slightly to 4.2%.
“There is a great risk for Trump that only worsen from here,” said Scott Lincicome, an expert in trade and economy of the Cato Libertarian Institute.
Source: Ambito
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