Donald Trump's approval rating suffers double dent
- Donald Trump's approval rating declined amid market and economic fluctuations in April and early May 2025 in the United States.
- This drop followed Trump’s announcement of 'Liberation Day' tariffs and political backlash linked to economic uncertainty and inflation worries.
- In April, inflation edged up by 0.2 percent month-over-month, while the annual rate slowed to 2.3 percent—the lowest level since February 2021—driven in part by higher costs for household furnishings and housing.
- Chris Zaccarelli, CIO of Northlight Asset Management, noted that concerns about a recession triggered by tariffs and persistent inflation have largely eased following a slowdown in tariff escalation and positive developments in trade relations with China.
- The eased inflation figures and market rebound suggest tariffs have yet to significantly raise prices, but Trump's approval ratings could fluctuate depending on evolving economic and trade conditions.
11 Articles
11 Articles
Tariffmageddon Canceled: U.S. Inflation Stays Cooler Than Expected, Prices Up 2.3%, Smallest Annual Increase Since February 2021
Prices rose by 0.2 percent in April compared with March. Economists had forecast a 0.3 percent. Compared with a year ago, prices are up 2.3 percent, less than the 2.4 percent forecast.
Donald Trump's Approval Rating Suffers Double Dent
Donald Trump's approval rating has taken a double dent over the past month, with both his overall support and his once-reliable economic approval slipping.The drop comes amid growing fears and political backlash over his Liberation Day tariffs, which have sparked economic uncertainty and shaken confidence even among some of his core supporters.Why It MattersTrump began his second term with higher approval ratings than ever. But in recent weeks, …
Inflation Reaches Lowest Level in Over Four Years as April Report Exceeds Expectations
The annual inflation rate in the U.S. dropped to 2.3% in April, which is the lowest level since February 2021. This figure was better than many experts had predicted, as they expected a rate of 2.4%. The Labor Department reported that the consumer price index increased by a seasonally adjusted 0.2% from March to April. While this marks a rise from the previous month’s 0.1% decline, it still reflects a positive trend for the economy. President Do…
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