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President Donald Trump’s approval rating has dipped since he began his second term, with voters expressing growing concerns over the economy, according to an Emerson College Polling survey released Tuesday.

The poll found 47% of voters approve of Trump’s job performance, while 45% disapprove—a drop from 49% approval and 41% disapproval at the start of his second term.

Economic concerns appear to be a major factor, with 48% disapproving of Trump’s handling of the economy, while only 37% approve. Stocks have fallen sharply, including an 890-point drop in the Dow Jones on Monday, as Trump’s tariff policies on Canada, Mexico, and China spark uncertainty.

Despite this, Trump’s highest approval ratings come from his handling of immigration (48% approval, 40% disapproval). However, he remains underwater on healthcare, cryptocurrency, and economic policy.

Pollster Spencer Kimball noted that while Trump’s support remains strong, his “honeymoon phase” is ending as voters worry about their financial future.

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