President Donald Trump’s approval rating has taken a “significant hit” since his April 2 announcement of sweeping new tariffs on “Liberation Day,” as economic data and polls reflect mounting public concern, according to polling analyst Nate Silver, Newsweek reported.

Trump’s tariff announcement sparked widespread market disruption, with the Dow Jones Industrial Average dropping more than 1,600 points last Thursday and 2,200 points on Friday. Although markets showed signs of stabilization this week, the White House announced a 90-day pause on most tariffs affecting countries other than China.

Despite this move, consumer confidence remains shaken.

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