BURSTPresident Trump’s approval rating has gone up to 44 percent, according to a new Reuters/Ipsos poll.
While it is a small tick up from the 42 percent approval rating he measured in the prior survey by Reuters/Ipsos last month, it does run in time with some good news for the president.
Trump paused his tariff war with China, leading both countries to dramatically drop triple-digit tariffs on the other's imports. The Dow Jones Industrial Average rose more than 1,000 points on Monday, wiping out losses that had been in place since Trump announced his "Liberation Day" tariffs.
Trump also agreed to a trade deal with the United Kingdom and has paused his other "Liberation Day" tariffs. The tariffs had raised fears about a recession while causing stocks to falter, likely contributing to a big drop in Trump's approval ratings in several major polls.
Trump remains under water in most polls, however, including on the economy.
In the latest Reuters/Ipsos poll, just 39 percent of participants said they approve of Trump’s economic stewardship. The number does reflect a rise of 3 percentage points from their April poll.
Sixty-nine percent of survey takers said they were concerned about a recession, a 7 percentage point drop from results captured from April 16-21.
A similar change was measured regarding respondents' concerns about the stock market. Sixty percent said they are concerned in the new poll compared to 67 percent from the previous poll.
The Reuters/Ipsos poll, conducted nationwide online, surveyed 1,163 people and noted a 3 percentage point margin of error.