Americans have mixed feelings about key parts of Donald Trump’s economic agenda, according to a new poll, with voters expressing wariness over his proposed tax cuts and tariff policy.
The president-elect has promised a sweeping economic overhaul, including high tariffs on major US trading partners and massive tax cuts. The Senate Committee on the Budget found that the tax cuts would add $4.6 trillion to the deficit. Economists have warned the plans could raise consumer prices and balloon the deficit, and voters appear to share some of the scepticism.
A new USA Today/Suffolk University poll found that just two per cent of voters think Trump’s top priority should be major tariffs on China, Mexico, and Canada. Meanwhile, 53 per cent said Congress under Trump should focus on cutting the federal deficit, even if it means not extending his signature tax cuts.
Despite the divergence, Americans overall are more excited about Trump this time around, according to the poll. Thirty-one per cent said they were “excited” Trump is back in the White House, double the share that felt that way before his first inauguration in 2016. Fifty-two per cent approved of Trump’s job performance, higher ratings than he received while in office.
Corporate donations from firms like Amazon and Meta have poured into Trump’s inaugural fund, projected to raise more than $150 million. Elon Musk, Mark Zuckerberg, and Jeff Bezos reportedly plan to sit together at Trump’s inauguration.
