Politics
NEW: Trump’s Economic Approval Numbers Surge
Nearly half of voters are now describing President Donald Trump’s economy as “good” or bad “excellent,” with the president’s economic approval numbers particularly spiking over the past week, according to a new survey from the Wall Street Journal. All in all, the latest figures represent the most positive Journal survey for the president since 2021.
According to the poll, 47 percent of respondents now view the economy in positive terms, up from 36 percent from the poll’s last result back in April. The survey marks a significant shift in economic optimism after a yearlong trend of economic pessimism during the Joe Biden presidency.
At the same time, the percentage of respondents who rated the economy as “not good” or “poor” plunged to 51 percent, a decline of 12 percentage points in just three months.
In April, more voters said the economy was stagnant or getting worse by a margin of 26 percentage points. Now, the gap has been lowered to just eight points, a massive turnaround that indicates a flip could be just around the corner for the first time in more than four years. In addition, the number of Americans who indicated that inflation is causing significant financial hardship he’s declined.
The surging economic approval numbers played a massive role in boosting the president’s overall approval figures. Despite a coordinated push to falsely link Trump with the Jeffrey Epstein case — which has been buoyed by a controversial story from the Wall Street Journal, leading to another Trump lawsuit — 46 percent of respondents to the Journal expressed a positive opinion of Trump’s job performance. This mark’s a new record for the survey, as Trump’s overall approval rating never topped 40 percent in his first term.
Two additional leading polls released this week had even higher approval numbers for Trump, with Trafalgar/InsiderAdvantage showing him at 50 percent and Rasmussen at 49 percent.
The surging economic approval numbers come as the president announced a number of trade deals over the past week, the most notable being a new agreement with Japan. Under the terms of the deal, Japan will be dropping all existing trade barriers and tariffs on U.S. exports while also agreeing to pay 15 percent duties on all Japanese goods shipped to the U.S.
“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” the president announced in a Truth Social post. Under the terms of the deal, Japan will invest $550 billion into the United States, with Trump adding that “90 percent of the profits” will remain stateside.
“This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things,” Trump continued.
The president also announced new agreements with Indonesia and the Philippines, two emerging economies that also agreed to drop all existing trade barriers to the United States while also agreeing to pay tariffs. Additional deals have already been reached with China, the United Kingdom, Vietnam and a number of additional countries, while the White House has expressed optimism that a new deal with the European Union will be finalized soon.
