President Trump’s approval rating has dipped below 50% following market turmoil sparked by his sweeping tariff plan, according to a new Rasmussen Reports poll released Monday.
The daily tracking survey shows Trump’s approval at 48% and disapproval at 51%, marking the first time his disapproval has crossed 50% in this poll since taking office.
“Well, we finally found a chink in Trump’s armor,” Rasmussen pollster Mark Mitchell posted on X.
The shift comes after Wall Street suffered its sharpest decline in years. Since late January, the Dow Jones Industrial Average has dropped roughly 8,000 points, including nearly 4,000 points in just the last three trading days — a 17% decline overall.
Critics had long speculated that Trump’s policy agenda could trigger a drop in public support, but it was the dramatic financial losses affecting retirement accounts that appeared to cause the first significant shift.
Trump dismissed concerns, telling a reporter Sunday, “I don’t want anything to go down, but sometimes you have to take medicine to fix something.”
Sources
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