US President Donald Trump’s approval rating is showing a downward trend as domestic backlash spreads against his policies, including tariffs.
According to eight national polls recently compiled by the Washington Post (WP), the average approval rating for President Trump from his first three months in office to this fall has dropped from 24% to 13% among Black voters and from 40% to 34% among Hispanic voters.
A Pew Research Center study showed that support among Asian American voters fell from 44% in February to 30% in September.
One voter who supported Trump in the last election said he feels the administration has “no plan,” noting that months of repeated tariff impositions, threats, and revocations have fueled uncertainty in the industry.
Analysis followed that public opinion regards his massive US investments secured through tariff pressure on various nations and allies under the pretext of resolving chronic trade deficits; the longest federal government shutdown in history; and hundreds of billions of dollars in AI investments all as a ‘gamble.'”
Some observers expect the US Supreme Court to soon rule against Trump’s tariff policies.
Recently, author Kyla Scanlon pointed out that “wagers on the future are being made with other people’s money” and characterized the economy as a “bubble.” Regarding the recent excessive AI investment phenomenon, Scanlan warned, “As the public sector steps back from its role as a stabilizer, the private sector has rushed in as a gambler, betting that technology alone can hold the system together.”
Voices of concern are also rising over a potential stagflation scenario—inflation driven by tariffs combined with economic stagnation—contrary to the Department of the Treasury’s announcement by Treasury Secretary Scott Bessent that the US economic growth rate would reach 3% this year. In particular, observations have emerged that the US stock market, which continued to hit record highs despite unstable economic indicators, may be supported by a bubble.
In an interview with the Wall Street Journal (WSJ) on December 12, Trump stated, “I have created the greatest economy in history.” He added, “but it may take some time for people to understand all this. All the money pouring into our country (due to tariff policies) is building many things, including automobile factories and artificial intelligence (AI). It is difficult to say how it will connect to voters. All I can do is do my job.”
