55% disapprove, Trump’s economic policy approval rating falls to a historic low

One key reason US President Donald Trump defeated Democratic presidential candidate Kamala Harris in the 2024 US election was that American voters viewed him as a better economic manager than Harris. However, with the global tariffs Trump implemented since taking office, a sharp drop in US stocks, and rising Treasury yields, his perceived economic aura is fading.A national poll released by Consumer News & Business Channel showed that 55% of respondents disapproved of Trump’s handling of the economy, while only 43% approved. Following the release of the poll, House Minority Leader Hakeem Jeffries, a Democrat, launched an attack on Trump’s economic policies. Jeffries pointed out the current high prices for housing, groceries, energy, childcare, and insurance in the United States. He quipped that Trump’s greatest strength upon his election was his ability to manage the economy, “but now it’s his greatest weakness.” Over the past two weeks, former US presidents have made rare public statements criticizing the Trump administration’s policies. Former US President Joseph Biden criticized the Trump administration for wreaking havoc in less than 100 days. Barack Obama urged US universities to follow Harvard’s lead and fight the Trump administration’s interference with university autonomy. Following Biden and Obama, Bill Clinton also criticized the deepening divisions in American society and praised the contributions of federal employees in his speech last Saturday.