Washington: The approval index of President Donald Trump has risen to 44%, since less Americans now care about a possible recession and its management of the economy.
A new Reuters/Ipsos survey shows growing support to how the economy handles.
The two -day survey showed that 44% of respondents approved the performance of the Republican leader, compared to 42% in a previous survey of Reuters/Ipsos held from April 25 to 27. The survey had an error margin of 3 percentage points.
The approval of Trump's economic administration increased to 39% of 36%.
Trump began his mandate with an approval index of 47%, and saw that his popularity tice as the Americans were concerned about a series of commercial wars that he launched since he assumed the position on January 20.
Trump's movements to increase tariffs at historical levels in the main commercial partners, in particular, China, fed the decrease in the stock market, since many economists predicted that a recession was coming.
In recent weeks, Trump has retreated his most clear commercial actions and announced Monday morning that he was reducing tariffs on China. The S&P 500 reference stock index has increased approximately 17% since its lowest closure of Trump's second administration, beaten shortly after presenting radical tariffs.
Among the public, concerns about the recession have also decreased, but they are still high.
Around 69% of respondents in the new survey said they were concerned about a recession, below 76% in a reuters/Ipsos survey carried out from April 16 to 21. The action that said it worried about the stock market fell to 60% of 67%.
Trump has said that the guilt of the country's economic problems should fall on former President Joe Biden, his Democratic predecessor. Inflation increased during the presidency of Biden in the midst of the global economic chaos of the Covid-19 Pandemia, but tended lower tendency towards the end of its presidency. Annual price inflation cooled in April, the Department of Labor said Tuesday, although economists continue to warn that Trump's commercial actions will probably boost prices later in the year.
In the Reuters/Ipsos survey, 59% of respondents said it would be Trump's fault if the economy falls into the recession this year, compared to 37% who said it would be Biden's fault.
The Reuters/Ipsos Survey, performed throughout the country online, survey 1,163 people.
