The Times reported on the growing discontent with the US economy among the population
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- The Times reported on the growing discontent with the US economy among the population
US President Donald Trump's approval rating is falling, especially on economic issues. This was reported on July 31 by The Times newspaper with reference to a survey conducted for the publication among the American population.
"According to an exclusive survey conducted for The Times, few Americans say that their lives have improved under President Trump, while the majority believe that the economic situation is getting worse," the article says.
According to the survey results, only 13% of respondents said that their financial condition had improved. About 50% of Americans believe that the economic situation is getting worse.
According to The Times, 37% of respondents consider the first 200 days of Trump's second presidential term to be excellent or good, while 59% found them satisfactory or bad.
Trump's personal rating dropped by three points. Among the respondents, 36% view him "positively" and 54% "negatively."
The respondents named inflation as the most important problem. Many are worried about the possible negative consequences of the introduction of trade duties. The survey also showed that Trump's presidency is generally perceived as chaotic.
The survey was conducted by YouGov among 1,470 U.S. adults between July 18 and 21.
On July 30, Bloomberg announced that it was the United States that would lose out as a result of trade deals concluded with other countries. It was noted that as a result of the imposition of duties, it is American consumers who will pay for most of the price increases. At the same time, American manufacturers will also raise their prices due to less competition. Over time, these factors will lead to a "decline in the standard of living in the United States."
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