President Donald Trump‘s economic approval rating is dipping to the lowest it’s ever been, according to new polling released on Thursday.

Newsweek reached out to the White House for comment via email on Thursday.

Why It Matters

Trump has repeatedly touted positive approval ratings and polling during news conferences and campaign rallies throughout his political career.

When the president returned to the White House in January, Trump was coasting with positive numbers, but his approval ratings have dipped significantly in the last couple of weeks.

Trump’s approval ratings in surveys conducted by nearly every major pollster are now negative.

The president’s approval rating on the economy has also taken a hit amid mounting fears of a trade war as Trump levies steep tariffs against Canada, Mexico and China during his second term.

Those fears spiked this week, after Trump announced plans to implement a 25 percent tariff on imported vehicles beginning on April 2.

What To Know

In a new Gallup poll out on Thursday, 41 percent of Americans approve of how the president is handling the economy versus 59 percent who disapprove.

The survey was conducted from March 3 to March 16 among 1,002 adults living in the U.S. It has a four percent margin of error.

A February Gallup poll shows Trump’s approval on the economy was 42 percent versus a 54 percent disapproval rating.

In Gallup polls conducted during Trump’s first term, his economic approval rating never dipped lower than 45 percent, according to Gallup’s data.

Thursday’s poll comes on the heels of a CNN poll earlier this month, in which 56 percent of Americans disapproved of Trump’s handling of the economy, while 44 percent approved.

The CNN poll was conducted from March 6 to March 9 among 1,206 U.S. adults. Its margin of error was 3.3 percent.

In an Economist/YouGov poll released on Wednesday, 43 percent of U.S. adults approve of Trump’s handling of the economy and jobs, compared to 47 percent who disapprove.

In a Gallup tracker on economic confidence among Americans, February shows a -19 index, the same as January. December’s index was -14 and November’s was -17.

What People Are Saying

Kevin Wagner, a political science professor at Florida Atlantic University, told Newsweek via text message on Thursday: “We would have to see a consistent pattern over the course of several polls to consider it a trend. While a low poll number on the economy is never a good sign, the longer term public mood will depend in part on how people access how the president is addressing their concerns.”

Democratic pollster Matt McDermott wrote on X, formerly Twitter, on Thursday: “Gallup finds Trump with a 43% approval rating and an even worse rating (41%) for his handling of the economy. Voters are starting to turn on Trump — fast.”

What Happens Next

Trump’s first 100 days in office continue to unfold.