Voters reject Trump's tariff push; most believe policy will hurt economy

Published On Feb 4, 2025, 6:00 AM

Recent polling indicates that a majority of American voters believe the imposition of tariffs by former President Trump will negatively impact the economy. Despite Trump's assertions that tariffs are beneficial and a strategic bargaining tool in negotiations with foreign nations, a Fox News poll revealed that 50% of respondents think tariffs will hurt the economy, while only 32% believe they will help. Opinions are sharply divided along party lines, with a majority of Democrats and independents viewing tariffs unfavorably, while a majority of Republicans support them.

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AAPL

Negative

Given the widespread skepticism among voters regarding the positive economic impact of tariffs, companies heavily reliant on international trade or vulnerable to price increases from tariffs may see a decline in investor confidence. This sentiment could negatively affect stocks in sectors such as retail, manufacturing, and agriculture, which are sensitive to pricing pressures. Companies like Apple Inc. (AAPL), which relies on global supply chains and potential tariffs on imports, may face downward pressure on their stock prices if negative sentiment persists.

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