0311
Diamond Member
WASHINGTON, March 12 (Reuters) - A majority of Americans believe President Donald Trump is being too “erratic” in his moves to shake up the U.S. economy, as his imposition of tariffs against some of the nation's top trading partners hammers stock markets, a new Reuters/Ipsos poll found.
Some 57% of respondents, including one in three Republicans, said the president’s policies have been unsteady as his efforts to tax imports have set off a global trade war, according to the two-day poll that closed on Wednesday.
Americans instead want Trump to continue to focus on combating high prices even as there are growing concerns his policies will drive costs up, not down, the poll found.
Trump’s imposition of tariffs on allies such as Canada and Mexico and his refusal to rule out a recession has spooked U.S. markets. The S&P 500 has lost more than $3 trillion in value since its all-time peak last month.
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www.reuters.com
Some 57% of respondents, including one in three Republicans, said the president’s policies have been unsteady as his efforts to tax imports have set off a global trade war, according to the two-day poll that closed on Wednesday.
Americans instead want Trump to continue to focus on combating high prices even as there are growing concerns his policies will drive costs up, not down, the poll found.
Trump’s imposition of tariffs on allies such as Canada and Mexico and his refusal to rule out a recession has spooked U.S. markets. The S&P 500 has lost more than $3 trillion in value since its all-time peak last month.