Canada and Mexico Tariff Plan: Implications of Trump's Economic Policies on the U.S. Economy

Thursday, 13 March 2025, 20:14

Canada and Mexico tariff plan implemented by the Trump administration faces widespread disapproval, according to recent survey data. Most Americans express concern about Trump's economic policies, with a notable increase in disapproval since February. The ongoing trade tensions contribute to a negative outlook on the U.S. economy, as indicated by the latest survey findings.
Thehill
Canada and Mexico Tariff Plan: Implications of Trump's Economic Policies on the U.S. Economy

Canada and Mexico Tariff Plan: Economic Fallout Under the Trump Administration

Recent survey data shows that the Canada and Mexico tariff plan introduced by the Trump administration has met with significant disapproval from the American public. The Quinnipiac University survey reveals that only 41 percent of respondents approve of Trump’s economic policies, with a growing number voicing dissatisfaction since February.

Survey Results and Economic Sentiment

The survey, conducted from March 6-10 among 1,198 respondents, indicated that a staggering 54 percent disapprove of Trump's handling of the economy, reflecting a notable dip in sentiment. This is exacerbated by trade tensions, particularly the introduction of a 25 percent tariff on goods from Mexico and Canada.

  • 44 percent approval in February
  • 41 percent approval in March
  • 76 percent label the economy as poor or not good

Public Concern Over Economic Policies

The negative outlook on the economy has intensified, with 23 percent of respondents rating the economy as excellent or good. Additionally, a significant 6 percentage point rise in those identifying the economy as the most pressing issue has been noted. The stock market also reflects these concerns, as prices soar due to trade war threats, impacting everyday goods.

For those interested in more details regarding public perception on Trump's economic policies, further insights can be found in the original survey data.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Do you want to advertise here?

Related posts


Do you want to advertise here?
Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe