- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Trump’s approval drops to 43% over economic issues.
- 49% predict economic deterioration in the next year.
U.S. President Donald Trump’s economic approval rating has decreased to 43%, according to a recent CNBC All-America Economic Survey, highlighting dissatisfaction with his handling of tariffs and inflation.
The lowered approval is significant as it marks the least support for Trump’s economic policies since he assumed office, with growing concerns about potential recession.
Trump Faces Economic Approval Decline Amid Recession Fears
Among recent surveys, the CNBC All-America Economic Survey reports President Trump’s lowest economic approval at 43%. This figure is attributed to his handling of tariffs, inflation, and government spending. Dissatisfaction has increased, with widespread disapproval at 55% among respondents.
The survey results suggest that economic optimism is waning, with rising pessimism about the stock market’s future. Notably, 49% of respondents expect economic deterioration in the coming year. The results reflect the most pessimistic sentiment logged since 2023.
Steve Liesman, CNBC Senior Economics Reporter, noted: “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.” Such insights reveal economic concerns remain pervasive among the American populace.
Bitcoin’s Market Trends Amid U.S. Economic Uncertainty
Did you know? U.S. presidential approval ratings often align with broader economic sentiment, impacting both traditional and crypto markets. This historical reaction extends back to significant economic events, such as trade disputes or inflation, observed during previous administrations.
According to CoinMarketCap, Bitcoin remains at a substantial market value, reflecting minor fluctuations with a current price of $85,253.59, and a 24-hour trading volume of $15.50 billion. While Bitcoin exhibited a 0.91% increase in the last 24 hours, it shows a 15.43% decline over 90 days.
Experts from the Coincu research team emphasize potential fluctuations in economic policy may influence financial markets and cryptocurrency interest. Observing historical trends, they highlight social and political climate shifts could lead to periods of increased market volatility and regulatory attention.
Source: https://coincu.com/333130-trump-economic-approval-new-low/