Economic Woes Mount for Trump as Polls Show Disapproval on Handling of Economy: 60% +

A new CBS News/YouGov poll has delivered a significant blow to President Donald Trump’s economic agenda, revealing that a majority of Americans believe the economy is deteriorating under his administration. The poll found that 55% of Americans think the economy is getting worse, while 60% disapprove of Trump’s handling of economic issues.

The news comes as inflation in the US continues to rise, with the Consumer Price Index (CPI) showing a 2.7% increase in June, up from 2.4% in May. Core inflation, which excludes food and energy, also rose to 2.9%, up from 2.8% the previous month. The escalating inflation is attributed, in part, to the effects of Trump’s tariffs, which have led businesses to increase costs on consumers.

The poll also highlights the widespread perception that Trump’s policies are exacerbating the financial burden on Americans. A staggering 62% of respondents believe that Trump’s policies are driving up the cost of groceries, while 50% say they have become financially worse off under his administration.

Furthermore, the poll reveals significant opposition to Trump’s trade policies, with 60% of Americans opposing the imposition of new tariffs on imported goods. The tariffs, which were introduced as part of Trump’s “America First” agenda, have been widely criticized for sparking trade wars and increasing costs for consumers.

The findings are a far cry from Trump’s campaign promises, in which he vowed to lower prices and stimulate economic growth. Instead, the data suggests that his policies have had the opposite effect, with many Americans feeling the pinch of rising costs and stagnant wages.