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More than half of Americans (52%) disapprove of President Trump’s treatment of the economy, marking a 12% increase in approvals in October 2024.

In a survey published by the Wall Street Journal on Friday, only one in four said they agreed to Trump’s handling of the economy in the first 100 days of his tenure.

While the investigation comes before Trump announced a 10% basic tax on all U.S. goods earlier this week, the president has promised to impose full tariffs since his presidential campaign.

According to the survey, 54% of voters said they opposed the president’s expropriation of imported goods, while 42% of respondents expressed support for the measure.

Friday marked the second day of serious losses in stocks since Trump announced tariffs on Wednesday. On Friday alone, the Dow Jones Index fell to more than 2,100 points.

By comparison, 35% of survey participants said short-term stress would lead to financial gains.

But 48% of Americans say consumers feel economic pain before seeing tariffs increase.

“American voters gave a little bit of grace at the beginning,” said Democratic pollster John Anzalone. “They may be anxious about his economic policies and tariffs, and they also say they want to wait and see. I think that’s where people are.”

The journal survey was conducted from March 27 to April 1, and was conducted through text with 1,500 registered voters. The error range for the complete sample is to add or subtract 2.5 percentage points.

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