Trump is responsible for the economy over Biden, survey shows

WorldPolitics
4 Jul 2025 • 8:48 AM MYT
The Independent
The Independent

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  • A Wall Street Journal/YouGov survey indicates that 55 percent of respondents hold President Trump responsible for the current state of the economy.
  • Recent economic data presents a mixed picture, showing job growth and rising consumer sentiment alongside a significant drop in private sector hiring.
  • The Trump administration's 90-day tariff freeze with international trading partners is set to expire on July 9, creating considerable economic uncertainty.
  • A JPMorgan Chase Institute study estimates these tariffs could cost midsize American firms at least $82 billion through price hikes, layoffs, and reduced margins.
  • The recently passed 'Big, Beautiful Bill' is projected to add $3.3 trillion to the deficit and leave 11.8 million more people without health coverage over the next decade.

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