A new national poll released this week has shown a modest increase in President Donald Trump’s approval ratings, suggesting a slight improvement in public perception. The Reuters/Ipsos survey conducted between May 12-13 found Trump’s approval rating at 44%, with 52% disapproval, marking a two-point increase from the previous survey. This uptick is largely attributed to recent trade agreements with China and the United Kingdom, which have eased inflation concerns and provided a boost to the stock markets. The positive developments have also contributed to a slight improvement in the president’s economic performance rating, which has risen to 3,9% from the previous month.
The trade agreements, as well as a recent truce with China, have led to a surge in the stock markets, alleviating concerns about a potential recession. The new poll shows that recession worries have slightly decreased, with 69% of respondents indicating concern, compared to 76% a month ago. This shift in public sentiment is seen as a positive sign, particularly for Trump’s political strategy as he navigates the remainder of his term.
Political strategist Colin Reed emphasized the significance of these economic developments, noting that Trump’s actions in the trade arena have provided a much-needed confidence boost.