WSJ Poll: Where Do Voters Stand on Trump’s Tariffs?

By The Wall Street Journal

FinanceBusinessPolitics
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Key Concepts:

  • Tariffs: Taxes imposed on imported goods.
  • Voter Sentiment: Public opinion regarding tariffs and their impact.
  • Economic Anxiety: Worry and concern about the economy.
  • Job Approval Rating: Percentage of people who approve of the president's job performance.

I. Shifting Public Opinion on Tariffs

  • The Wall Street Journal polls indicate a significant shift in public opinion regarding tariffs. Initially, views were mixed, but they have become "sharply negative" as tariffs become a reality.
  • A recent poll, conducted just before Donald Trump's detailed tariff announcement, reveals that 54% of voters oppose his tariff plans. These plans included tariffs on China, Canada, Mexico, and other trading partners.

II. Perceived Impact on Consumer Prices

  • A substantial majority, 75%, of those surveyed believe that tariffs will increase the prices of goods they purchase. This is a notable increase from 68% in January, indicating growing concern about the inflationary effects of tariffs.

III. Economic Anxiety vs. Presidential Approval

  • The poll highlights a "fair amount of economic anxiety" and disapproval of tariffs. However, this anxiety hasn't yet translated into a firm judgment that would cause voters to disapprove of President Trump overall.
  • Donald Trump's job approval rating stands at 46% approve and 51% disapprove. While this is a negative rating (underwater by five points), it demonstrates some resilience, suggesting that voters are "waiting and watching" despite their concerns.

IV. Conclusion

The Wall Street Journal poll reveals a growing unease among voters regarding tariffs and their potential impact on consumer prices. While economic anxiety is present, it hasn't yet significantly eroded President Trump's overall job approval rating. The public appears to be in a "wait and see" mode, observing the actual effects of the tariffs before making a definitive judgment on the president's performance.

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