54% of Americans Disapprove of Trump’s Economic Policies, NBC Poll Finds

54% of Americans Disapprove of Trump’s Economic Policies, NBC Poll Finds

A new NBC News poll released on March 16 reveals that while public optimism about the country’s direction is rising, President Donald Trump’s handling of the economy is facing growing disapproval.

Key Findings:

  • 51% of Americans disapprove of Trump’s overall job performance.

  • 54% disapprove of how he is handling the economy—marking the first time he has lost majority support on economic issues in an NBC poll.

  • Only 18% of voters believe the U.S. economy is in “good” or “excellent” condition.

  • 55% disapprove of Trump’s approach to inflation and cost of living, while 42% approve.

Shifting Public Sentiment

Despite economic concerns, Trump’s overall approval rating stands at 47%—matching the highest level he ever received during his first term. The same 47% approval rating was recorded twice before:

  • In early 2020, before the COVID-19 pandemic.

  • In October 2018, amid a strong stock market and job growth.

However, Trump's current rating still lags behind former President Joe Biden’s 53% approval at the same point in his presidency.

The poll also shows a slight shift in public confidence about the country’s future.

  • 44% of Americans now say the U.S. is “on the right track”—the highest optimism level recorded under Trump.

  • 54% still believe the country is heading in the wrong direction.

Support for Trump's Policy Changes

While concerns about the economy persist, many voters back Trump’s broader policy shifts:

  • 56% support his immigration and border policies.

  • 47% approve of his government downsizing efforts, while 29% disapprove.

  • On inflation:

    • 40% believe his policies are having a positive impact.

    • 30% say they are making things worse.

    • 28% say they have made no difference.

Economic Uncertainty & Trade Tensions

Since returning to the White House in January, Trump has implemented a series of sweeping policy changes, including:

  • Establishing the Department of Government Efficiency (DOGE), led by Elon Musk, to streamline federal agencies.

  • Threatening tariffs on key trading partners, including U.S. allies, triggering concerns over potential economic retaliation and a looming recession.

While some Americans support Trump’s bold economic moves, growing discontent over inflation, wages, and economic stability suggests the president faces challenges in maintaining public trust on financial issues.

(Sources: NBC News, New York Post)

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