President Donald Trump faces the lowest economic approval ratings of his presidency, according to the recent CNBC All-America Economic Survey. With only 43% approval on economic issues, Trump is experiencing a troubling shift—51% of registered Americans disapprove of his overall presidency. Economic discontent is pervasive, particularly among Democrats, who have a staggering -90 net economic approval rating, whereas independents are also showing a marked decline in optimism.
Notably, Americans signal a grim outlook for the economy, with 49% believing it will worsen in the coming year, the most negative sentiment since 2023. Republican support for Trump’s economic policies remains, but is diminishing, particularly concerning tariffs—viewed unfavorably by 49% of respondents.
Inflation marks Trump’s weakest area, where 60% of respondents express dissatisfaction. Concerns about government spending and foreign policy also loom large, with disapproval ratings of 51% and 53%, respectively. Conversely, immigration remains a relative strength, with a positive 53% approval regarding border management.
Despite a challenging landscape, Trump’s overall approval rating is slightly higher than it was when leaving office in 2020. As pessimism grows about financial markets, with 53% of Americans doubting it’s a good time to invest, the survey emphasizes that strong partisan divides significantly shape public sentiments.
This recent data underscores the volatility of public opinion just months into Trump’s new term, suggesting that economic promises made may not align with voters’ experiences.
