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Some tariff pain for Trump as approval ratings take a hit
The Straits Times
|April 12, 2025
US leader's sliding popularity has also emboldened dissent within his own party
WASHINGTON - US President Donald Trump's broadside on the economic system that the US largely created after World War II is having repercussions at home.
And not in a good way.
Mr Trump's approval ratings are cracking in numerous opinion polls, and are especially negative on the question of his handling of the economy, a point of pride for the businessman-turned-president.
His sliding popularity has also emboldened dissent within his own party.
A budget Bill embodying his key governance priorities squeaked through in the House of Representatives with a narrow majority on April 10 - but only after Speaker Mike Johnson carried on tense late-night negotiations with a group of about 20 holdout Republicans, and Mr Trump warned them to "stop grandstanding".
Even so, two Republicans - Mr Thomas Massie of Kentucky and Ms Victoria Spartz of Indiana - joined Democrats in opposition.
At issue was support for trillions of dollars in tax cuts, a debt ceiling of US$4 trillion (S$5.3 trillion) and hundreds of billions of dollars in spending on defence, energy and immigration.
The Republican Party's fiscal hawks, including members of the ultra-conservative Freedom Caucus, had to be persuaded by Mr Johnson to suspend their doubts over the level of spending cuts which they felt were not deep enough - envisaged in what Mr Trump has been touting as his "big, beautiful Bill".
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