A new poll from The Economist/YouGov conducted April 13–15 shows that Trump’s economic approval is at an all-time low. Fifty-two percent of respondents said the economy is getting worse, up five percent from “Liberation Day,” when Trump implemented reciprocal tariffs of 10 percent or more on about 90 countries, sending stock markets plummeting to a generational low. He then rescinded the majority of those tariffs days later (but increased the ones on China), causing confusion and chaos for consumers and small-business owners.
As data journalist G. Elliott Morris pointed out Friday in a Substack post, Trump’s average net-economic approval in YouGov polls over the last month is -6 percent, the worst he’s ever polled as president. While handling the outbreak of Covid-19 during his first term, Trump’s net-economic approval rating was three percent, Morris noted.
The president’s performance isn’t flailing in just the Economist/YouGov poll either. Investor sentiment has only been lower a handful of times since this data started being recorded, including post-9/11 and during the 2008 global financial crisis, according to a review of economic polls from The Independent.
“Three months into his second administration, the honeymoon might be over for President Donald Trump,” Tatishe Nteta, the poll’s director, said in a statement. Hopefully he’s right.
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