Is Trump’s tariff chaos worried the Americans? Consumer confidence decreases amid high inflation, does the confidentially identify the Americans? Consumer confidence declined amid high inflation

The confidence of the Americans in the economy remains in a strong negative area Economic trust index in Gallup (ECI) carries fixed In -19 For the month of February, such as January.

This indicator measures all the general assessments of the current economic conditions and their expectations for the future of the economy.

February survey reveals a shift in how Americans see the current situation of the economy.

While 20 % still consider it “excellent” or “good”, this decreased from 26 % in January.

On the other hand, the number of people describing the economy as “poor” decreased from 40 % to 33 %, with a noticeable increase in those who describe conditions as “just just”, which are now 45 %, up from 33 % month.

At the same time, according to Michigan University Monthly consumer reconnaissanceConsumer confidence took a significant decrease in February, which represents a decrease of approximately 10 % from January.

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The consumer’s feelings index fell from 71.7 in January to 64.7 in February.

This sharp decrease is largely due to the consumer concerns about the high tariffs and its potential impact on inflation, hill Reports.

In early February, the President Donald Trump It agreed to a 25 % tariff on imports from Mexico and Canada, which was eventually late after both countries took steps to reduce the flow of medicines on their borders.

In addition, Trump imposed a 10 % tariff on Chinese imports, raised an aluminum tariff to 25 %, and prepared the full force of steel tariffs. These measures have raised concerns about high inflation, with inflation forecast for the next year jumped from 3.3 % to 4.3 %, while inflation forecast increased in the long term from 3.2 % to 3.5 %.

In addition to high inflation expectations, the consumer price index also showed an increase, increasing by 3 % year on year in January, up from 2.9 % in December.

This hill adds.

The survey also revealed that my party split into the consumer feeling. Both Democrats and independents saw a decrease in feelings, while the opinions of the Republicans remained largely unchanged.

Likewise, inflation expectations between Democrats and independents increased, but they fell slightly for the Republicans.

In a conversation reconnaissance By Emerson College, Trump’s approval rate reached 48 %, with 42 % of his performance.

Despite the strong approval of its victory in the elections in January, its recent definition decisions and the exploration of regional expansion witnessed a decrease in support, especially with regard to its potential impact on the stock market.

This transformation of consumer morale highlights increasing concerns about economic policies and inflation.

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