Marjorie Taylor Greene's stock buy, is Trump the next Liz Truss?
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Trump's approval ratings take a beating amid trade war |
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President Donald Trump had perhaps one of the biggest setbacks for his agenda this week. After a whipsaw performance in overnight markets on Tuesday evening, Trump blinked and announced a 90-day pause on his "reciprocal tariffs." Trump himself admitted this came after markets got "a little queasy." It also came after JPMorgan Chase CEO Jamie Dimon, arguably the most respected executive on Wall Street, warned that a recession was likely. It turns out that even as the Republican Congress and the courts largely stand by, one thing can grind Trump to a halt: the bond market, which went haywire on Tuesday evening. But Trump did not just make Wall Street sick. The University of Michigan's survey of consumers found that consumer sentiment dropped for the fourth straight month in a row, 30 percent since December 2024. And it seems Trump's actions have hurt his approval. This week, The Economist and YouGov released a survey of Trump's approval rating conducted between April 5 and April 8, meaning it came after Trump's "Liberation Day" announcement of tariffs. The results are not great for Trump. A slight majority of 51 percent of Americans disapprove of him. By comparison, when he first took office, only 43 percent of Americans disapproved of him. He is now about as unpopular as he was at this moment in his first term as president. Read more here. |
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| Will the bond market bring down Donald Trump like it did Liz Truss? |
Donald Trump's dramatic row back on tariffs has echoes of Liz Truss's downfall - but will the market turmoil affect his future in the White House? Alicja Hagopian reports. |
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I hate to say it, but Donald Trump has all the traits of a comedian |
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What else you need to know |
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- Roadblocks for Abrego-Garcia: Donald Trump's administration refused a court order for updates on a wrongfully imprisoned Maryland father locked up in El Salvador's notorious prison, and to outline what steps, if any, they're taking to get him home, Alex Woodward reports.
- Cool it, Kristi: Earlier this week, Homeland Security Secretary Kristi Noem let Libs of TikTok creator Chaya Raichik accompany her on an ICE raid in Arizona. But, Justin Baragona reports, some figures in MAGA media are not happy.
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