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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.
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Breitbart broke the news in United States on Tuesday, May 13, 2025.
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