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Americans Divided on Tariffs, But Most Disapprove of Trump’s Handling

Most Americans say their finances are stagnating or declining as skepticism toward Trump’s tariff plan cuts across party lines.

Curtis Fric's avatar
Curtis Fric
May 20, 2025
∙ Paid

New polling from Echelon Insights suggests Americans aren’t buying into Trump’s tariff plan, nor do they believe their personal economic situations are improving.

When asked whether their personal economic situation is improving, getting worse, or staying the same, a plurality of Americans (40%) said it’s getting worse. Another 30% say it’s staying the same, while 30% say it’s improving.



Democrats are significantly more likely to say their financial situation is worsening (81%), while Republicans are far more likely to say their situation is improving (69%). Among independents, 52% say their situation is worsening, compared to 33% who say it’s improving.

Unsurprisingly, the poorer someone is, the less likely they are to report economic improvement. Among those earning less than $30,000 a year, 56% say their situation is worsening, while only 18% say it’s improving.



At the other end of the income spectrum, those earning more than $125,000 a year are more likely to say their situation is improving (45%) than worsening (23%).

Additional data from Echelon suggests Americans aren’t enthusiastic about Trump’s proposed tariffs, with the issue once again splitting the nation down the middle.


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