Americans consider Trump's economic actions erratic - Poll
Photo: Donald Trump, President of the United States (Getty Images)
The majority of Americans believe US President Donald Trump's actions in the economic sphere are too erratic, according to the latest Reuters/Ipsos survey.
Respondents were asked, "Are Trump's moves to shake up the economy too erratic?"
Around 57% of Americans believe President Donald Trump is too inconsistent in his efforts to stabilize the US economy, particularly regarding his aggressive strategy on import tariffs, which alarmed the stock market.
A third of respondents said Trump's actions were not overly unpredictable, while 11% were unsure or did not respond. About one-third of Republicans said Trump's actions were too unpredictable.
Meanwhile, 79% of Republicans, during a two-day survey, agreed that Trump's economic actions "will pay off in the long run." This indicates that some within the president's party may not be thrilled with his leadership style but support the substance of his policy.
However, 41% overall – and only 5% of Democrats – said Trump’s policies would eventually pay off.
Around 70% of respondents – including 9 out of 10 Democrats and 6 out of 10 Republicans – stated they expect tariffs to increase, making products and regular purchases more expensive.
Additionally, 61% of respondents said Trump's top priority should be controlling price increases.
The survey was conducted on March 11-12 and involved 1,422 adult Americans across the country. The margin of error for all respondents is 3 percentage points.
US economy destabilization
Recent drastic decisions by the administration of US President Donald Trump have negatively impacted the country's economy.
On March 4, a 25% tariff on imports from Canada and Mexico to the US., implemented by the Trump administration in February, came into effect. In response, Canada imposed tariffs on American goods worth $155 billion.
On March 11, Trump introduced tariffs on steel and aluminum imports from Canada, raising the overall rate to 50%. Ottawa announced similar retaliatory measures.
Following these intentions, Trump backed away from imposing the 50% tariff, but on March 12, a 25% tariff on steel and aluminum from Canada came into effect at midnight.
The European Union countries announced their own countermeasures against the new US tariffs on metal imports, totaling €26 billion.
This tariff war caused a sharp drop in key US stock market indices.
