President Donald Trump’s trade wars may be something he believes in, but it doesn’t seem to be a political winner. Unlike many issues on which Trump has seesawed on over the years, Trump has been generally consistent in his protectionist stance on trade. He seemed to use that to his […] Read more »
American Consumers Expect to Bear Cost of China Tariffs
A year into President Donald Trump’s policy of imposing extra import duties to offset a U.S. trade imbalance, public opinion on the impact of tariffs remains divided, with few seeing an economic benefit. The latest Monmouth University Poll also finds that a majority expects that American consumers will bear the […] Read more »
Consumers Expect Economy to Continue Growing at Solid Pace in Near Term
The Conference Board Consumer Confidence Index® improved in May, following an increase in April. The Index now stands at 134.1 (1985=100), up from 129.2 in April. … “Consumer Confidence posted another gain in May and is now back to levels seen last Fall when the Index was hovering near 18-year […] Read more »
Here’s the next political truism that Trump might overturn
The 2020 election may test as never before one of the most enduring rules of presidential politics, the straightforward four-word maxim coined by Democratic strategist James Carville in 1992: “It’s the economy, stupid.” Even amid record-low unemployment, robust economic growth and a roaring stock market, President Donald Trump has shown […] Read more »
Has Trump’s Anti-Rural Agenda Handed Democrats an Opening in Red America?
President Trump’s feckless trade war is bludgeoning the bottom line of the Republican Party’s reliable rural base. But the party’s disregard for the economic interests of its own constituents goes well beyond barriers to Chinese markets. Small towns and rural areas, along with some Rust Belt metros, are falling ever […] Read more »
Americans feel good about economy and give Trump credit
Most Americans remain confident about the U.S. economy and in their own financial situation, and more now give President Trump’s policies credit for a strong economy than did so last year. Seven in 10 Americans say the economy is in good shape, including a quarter who say it is very […] Read more »