Voter dissatisfaction with President Donald Trump’s handling of the economy is diminishing his popularity as he nears the symbolic 100-day mark of his second term. This is increasing pressure on congressional Republicans to advance his tax plan.
Recent polls from sources such as NBC, CNN, New York Times/Siena, ABC News, and Fox News consistently indicate that voters feel Trump is not fulfilling his primary campaign promise to bolster the economy. The president’s abrupt introduction of tariffs in early April unsettled global markets.
A CNN poll released on Sunday revealed that only 39% of Americans approve of Trump’s economic leadership, the lowest rating of his two terms. An NBC News poll indicated that the tariffs are also unpopular, with just 39% of respondents supporting their rollout.
Trump’s victory in the November election was largely attributed to his focus on the economy and immigration, securing swing states and winning the popular vote.
He proposed a two-part strategy to enhance the economy, involving tariffs to promote a US manufacturing revival and an extension of his 2017 tax plan with additional incentives, such as no taxes on tipped wages or overtime and deductions for car loan interest.
Republicans aim to pass the tax package without needing Democratic support, requiring Trump and party leaders to maintain GOP unity amid voter concerns. Preparations for the 2026 midterm elections are also on the horizon.
Chris Wilson, a Republican strategist, commented that while Trump’s slight dip in approval might not immediately impact his leadership within the party, it influences the GOP’s legislative and electoral strategies.
According to a Bloomberg survey of economists, the US economy is projected to grow by 1.4% in 2025 and 1.5% in 2026, down from 2% and 1.9% in the previous survey. The perceived likelihood of a recession in the next 12 months has increased to 45%, up from 30% in March.
Historically, the party in power often loses congressional seats during midterm elections, and a recession could solidify Republican losses in 2026, potentially shifting control back to Democrats during the latter half of Trump’s term.
This possibility might encourage Republican cohesion to pass the tax bill despite internal disagreements about spending. Trump’s declining poll numbers could impede his efforts to achieve all he desires in the proposed legislation he terms the “big beautiful bill.” Congress is set to resume sessions on Monday.
Trump has attempted to mitigate market reactions by pausing tariffs for 90 days while negotiating individual agreements with affected countries. He and his aides view prospective trade deals as ways to further ease market concerns and reassure voters.
In response to a Fox News poll reflecting a 38% approval rate on the economy and 33% on inflation, Trump expressed frustration on April 24, criticizing Fox News on social media.
Trump’s highest polling numbers are generally on immigration issues. Upcoming public appearances are expected to help him reconnect with voters, energize his base, and promote his economic agenda. He plans to hold a rally in Michigan on Tuesday to mark the 100-day milestone and is scheduled to deliver a commencement address at the University of Alabama on May 1.
This article was originally published on Fortune.com.
