Will Trump worry about Americans when he is chaotic in tariffs? With inflation rising, consumer confidence has declined, will Trump’s tariff chaos worry about Americans? Consumer confidence declines as inflation rises

Americans’ confidence in the economy remains in a solid negative territory Gallup’s Economic Confidence Index (ECI) is stable at -19 in February, the same as January.

The index measures both the public’s assessment of the current economic situation and its perception of the future of the economy.

The February survey revealed how Americans view the shift in economic conditions.

While 20% still think it’s “excellent” or “good”, that’s down from 26% in January.

On the other hand, the number of people labeling the economy as “poverty” fell from 40% to 33%, a significant increase among those who described the conditions as “only fair”, and now the situation is 45%, higher than 33% months.

At the same time, according to University of Michigan Monthly consumer surveys, consumer confidence dropped sharply in February, marking a drop of nearly 10% in January.

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The consumer sentiment index fell from 71.7 in January to 64.7 in February.

The sharp drop is mainly attributed to consumer concerns about tariff hiking and its potential impact on inflation, Hill reported.

In early February, the president Donald Trump The 25% tariff on imports from Mexico and Canada was approved, and both countries took measures to curb the movement of drugs at their borders and were eventually delayed.

In addition, Trump imposed a 10% tariff on Chinese imported goods, raised the aluminum tariff to 25%, and restored the full function of steel tariffs. These actions have raised concerns about rising inflation rates, with inflation expectations jumping from 3.3% to 4.3% next year, while long-term inflation expectations increased from 3.2% to 3.5%.

In addition to the growth in inflation expectations, the Consumer Price Index also showed an increase in January, up 3% year-on-year, up from 2.9% in December.

Hill added that this marked the fourth month of inflation growth.

The survey also showed partisan differences in consumer sentiment. Both Democrats and independents have seen a decline in sentiment, while Republicans’ views remain largely the same.

Similarly, inflation expectations have increased between Democrats and Independents, but Republicans have a bit of a failure.

In a recent poll at Emerson College, Trump had a 48% approval rate and 42% disapprove of his performance.

Although he received approval from the general election in January, his recent tariff decisions and exploration of territorial expansion have reduced support, especially regarding their potential impact on the stock market.

This shift in consumer sentiment highlights the growing concern about economic policies and inflation.

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