3 in 4 Americans think Trump’s trade policies will increase prices: ‘This whole tariff war is just a losing situation’

It seems that the confidence of the Americans in president Donald Trump to support the American economy is stumbled, as a new survey showed that many people are afraid that the country will be directed to stagnation and that the wide and hypothesis definitions of the president will lead to high prices.

Nearly half of the adults say that Trump’s commercial policies will increase the prices “a lot” and 3 out of 10 I think the prices may rise “somewhat,” according to the survey conducted by the Associated Press Nor for Public Affairs Research.

About half of the Americans “or” very “are interested in the possibility of entering the American economy in the recession in the next few months.

While doubts about the definitions are increasing modestly, this does not mean that the audience automatically rejects Trump or his approach to trade. However, caution may cause problems for the president who promised voters can quickly repair inflation.

Trump shows weakness on the economy

Three months after his second term, Trump’s treatment of economy and definitions appears as a possible weakness. About 4 out of 10 Americans correspond to the way the Republican President deals with the economy and commercial negotiations. This is almost in line with the AP-NORC poll conducted in March.

Matthew Wood, 41, said that he is waiting to see how definitions play, but he is concerned.

“I am not a great fan of him, especially given China and go back and forth with adjustments to both sides,” said Wood, who lives in West Liberty, Kentucky, who is unemployed. “Personally, I have not influenced me yet. But in general, I do not know how this will end, especially with the major countries concerned.”

However, Wood said he changed his registration from the Republican to the independent, after he was turned off due to Trump’s position and his respect for the billionaire advisor Elon Musk. Wood voted for Trump last year and said he was ready to give the president until the end of the year to achieve positive results on the definitions.

About half of the adults, 52 %, oppose the imposition of definitions on all the goods brought to the United States from other countries. This rises slightly from January, when a poll found that 46 % was against definitions. The leadership of this small transformation seems to a large extent is adults under the age of 30 and who had not previously had a customs tariff.

Jeanis Manis, 63, said her only criticism of Trump on customs tariff was that he put a partial stop for 90 days for trade negotiations with other countries.

“In fact, I think he shouldn’t have to hang it,” said Manis, retired deputy sheriff from Del Rio, Texas. “Because China is now trying to manipulate all these other countries to go against us, while if he would leave all the definitions of play, these countries will strike strongly. However, well, things happen.”

Doubts about Trump’s tariff approach remain

Not 100 days in Trump’s second term at the White House, people all over the country are preparing for potential turmoil in how to spend, work and live. The American economy is currently strong with moderate inflation and a proper unemployment rate by 4.2 %, however measures such as consumer confidence decreased sharply.

Trump used executive measures to reshape the global economy. Hundreds of billions of dollars annually imposed on new import taxes-and if some of them are partially suspended-where a widespread trade war against China and pledge to end dozens of other countries facing a temporary tariff of 10 %. Financial markets swing with every development and move from Trump’s tariff statements.

Many Americans are not convinced that this is the right approach. About 6 out of 10 says Trump “went far” when it comes to imposing a new tariff, according to the survey.

The shares decreased this year, while interest fees on US government bonds increased in ways that may make it more expensive to pay real estate loans, car loans and student debt. Executive chiefs rid their profit guidelines for investors and seek to obtain exemptions from the Trump tariff, which struck allies such as Canada and even the carrots inhabited by the road.

Trump appears to be aware of the drags of definitions, as highlighted this week on the possibility of an agreement with China. Treasury Secretary Scott Payette said in a closed speech that the situation with China is not “sustainable.”

Wide -scale concern about the high grocery prices

About 6 out of 10 American adults “very” or “very” are concerned about the cost of groceries in the next few months, while the half is very worried about the cost of large purchases, such as the car, mobile phone or devices. Less than half is very concerned about their ability to buy the goods they want – a sign of the elasticity of the economy so far.

Retirement savings are a source of concern – about 4 out of 10 Americans say their pension savings are “a major source” of tension in their lives. But less – about 2 out of 10 – determining the stock market as a main source of concern.

Nicole Jones, 32, said: “The entire customs tariff war is just a loser not only for the American people but everyone around the world. It is revenge – and everyone lost it.”

Last year, England, Florida, voted to the then President, Kamala Harris, who replaced the current President Joe Biden, as a democratic candidate. Jones has not thought of the customs tariff until recently, and now, as a professional treatment student, she is also concerned about losing her financial aid and facing large sums of educational debts.

“Things are more precious to us,” she said.

Most Americans still believe that the national economy is in a weak state.

The difference is that the Republicans – who greatly believed that the economy was in bad condition when Biden was president – now feel more optimistic. But the Democrats have become more dark about the country’s financial future.

“Not everything was from sunlight and rainbows, but we were fine,” said Jones, a democratic voter, about the economy before Trump’s policies came into effect.

This story was originally appeared on Fortune.com

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2025-04-24 12:02:00