Trump's Approval Rating Declines Amid Economic and Geopolitical Concerns

On January 22, despite a continuous rise in U.S. stock markets during U.S. President Donald Trump's second term, his political support has significantly declined. According to BlockBeats, the latest Economist and YouGov poll indicates that Trump's current approval rating stands at 37%, with a disapproval rating of 57%, resulting in a net approval rating of -20%, marking a new low for his second term. Notably, there is also a shift within the Republican Party, with internal support dropping from 88% to 79% within a week. Many voters attribute their dissatisfaction to tariffs increasing inflation and living costs, with 69% of respondents believing tariffs directly raise expenses. In terms of monetary policy, the public shows more trust in the Federal Reserve than the White House. Forty-four percent of voters trust Federal Reserve Chairman Jerome Powell to set interest rates, compared to only 18% who trust Trump, reflecting widespread skepticism about White House interference in monetary policy. Geopolitical issues are also affecting public opinion. Proposals such as "purchasing or forcefully acquiring Greenland" and military actions in Venezuela face opposition from the majority of voters. Analysts suggest that the stock market boom has not translated into political capital, with price pressures and diplomatic uncertainties being key factors in the decline of Trump's approval rating.