Wall Street On Parade

Trump’s Approval Rating Drops to 80-Year Low; IMF Says U.S. Tariffs Now Exceed the Highs During the Great Depression

Trump’s Approval Rating Drops to 80-Year Low; IMF Says U.S. Tariffs Now Exceed the Highs During the Great Depression

By Pam Martens and Russ Martens: April 28, 2025 ~ Common sense voters in the U.S. didn’t need an economics degree or a crystal ball to predict that putting Donald Trump in the Oval Office for a second term – a man unanimously convicted of 34 felony counts by 12 members of a U.S. jury prior to his election – was not going to produce a shining moment in history for the United States. Trump’s first 100 days in office in his second term arrives this week, and it comes on the wings of this headline: “Trump has lowest 100-day approval rating in 80 years.” That data comes from a new ABC News/Washington Post/Ipsos poll showing that only 39 percent of poll respondents approve of how Trump is performing as President. A solid majority, 55 percent, said they disapprove. Even more alarming for the U.S. economy – where two-thirds of GDP … Continue reading →

-