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    Home » Blog » Voters see long-term benefits of tariffs despite handing Trump sagging approval ratings: Poll

    Voters see long-term benefits of tariffs despite handing Trump sagging approval ratings: Poll

    April 14, 2025Updated:April 14, 2025 Business & Economy No Comments
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    According to a new poll, President Donald Trump received mixed reviews from the general public regarding how he handled financial issues.

    Following Trump’s sweeping global taxes and subsequent negotiations for “fairer” trade talks with foreign nations in order to carry out his” America First” plan, a CBS poll polled voters last week. As a result, the share market fluctuated throughout the week, losing$ 6 trillion at once. Although industry concerns persist, it has since recovered somewhat.

    The study revealed contradictory responses from the general public. Some citizens said Trump’s taxes were intended to raise prices in the near future but could have paid off with a stronger economy in the long run. However, 65 % of voters predicted that they would quickly worsen the economy. When citizens were questioned about the long-term effects of the taxes, that percentage dropped to 42 %. Only 8 % of people believe that Trump’s trade policies will improve the economy in the near future, compared to 34 % who think the economy will improve over the long run.

    The style continued when electors were questioned about the effects of taxes, particularly on prices. 45 % of survey respondents said they anticipate costs to rise in the short term, with 48 % of those who anticipate tariff increases will rise in the long term falling.

    When asked when they would be able to “test” how Trump’s tax and business plans may impact the economy, the majority of respondents responded “in a few months,” followed by 25 % who responded “in about a month.”

    While Trump’s endorsement rankings on the market are falling compared to previous surveys, voters are reportedly handing him an out on his business policies if they work out in the coming months.

    44 % of voters back Trump’s handling of the economy, down from 51 % at the beginning of March, when 42 % said his policies were making them financially worse off, compared to 49 % now.

    President Donald Trump walks on the South Lawn of the White House in Washington, Sunday, April 13, 2025.On April 13, 2025, President Donald Trump walks on the White House’s South Lawn. ( AP Photo/Jose Luis Magana )

    In CBS’s most recent survey, Trump’s overall job approval rating dropped from 53 % in February to 47 % overall.

    But, the ballot revealed conflicting employment statistics. 47 % of respondents predicted that the president’s policies would harm the job market, compared to 31 % who predicted that they would lead to employment. However, only 25 % of respondents thought his trade policies would harm the sector, compared to 49 % who predicted Trump’s tariffs would boost manufacturing jobs.

    Trump’s mercantilist trade policies have received criticism from both sides of the aisle because they violate free industry rules, stifle international competition, and raise prices for Americans.

    Renegotiating trade agreements and international tariffs is argued by the White House as needed to reshape the country’s workforce and industries.

    HASSETT GUEST SAYS TARIFF Talks ARE” MOVING FAST” AS Republican IS” LOSING IN” ON 20 OFFERS.

    In an interview over the weekend, Commerce Secretary Howard Lutnick said,” If we just run giant trade imbalances and offer our mind to the rest of the world, we will ultimately be the staff for the rest of the world.” We’re going to be the world’s intellectual, but they’re going to make it, and if someone says,” Gee, we’re not sending it to you,’ we’ll get nothing.” But, I believe the president is here to defend America and has national security in thinking. We must reshore these issues, and we are all aware of it.

    Between April 8 and April 11, the CBS News survey was conducted using a nationwide representative sample of 2,410 individuals. The margin of error for the poll was 2.4 percentage items, plus or minus.

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