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75% of people think tariffs will increase short-term prices, CBS News poll finds

Robert Cunningham by Robert Cunningham
April 14, 2025
in News
0

A new CBS News poll finds that 75% of Americans are concerned tariffs will raise prices. CBS News executive director of elections and surveys Anthony Salvanto has more on the findings. Then, political strategists Joel Payne and Maura Gillespie join with analysis. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel:    / cbsnews   Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram:   / cbsnews   Like CBS News on Facebook:   / cbsnews   Follow CBS News on X:   / cbsnews   Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-0… For video licensing inquiries, contact: licensing@veritone.com

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โ€‹A recent CBS News/YouGov poll reveals that 75% of Americans believe President Trump’s new tariffs will lead to short-term price increases. Conducted from April 8 to 11, 2025, the survey highlights widespread concern across the political spectrum about the immediate economic impact of these trade policies. โ€‹New York PostCBS News+1CBS News+1

๐Ÿ“Š Key Findings from the Poll

  • Short-Term Price Increases: Three-quarters of respondents anticipate that the tariffs will raise prices in the near term.โ€‹
  • Long-Term Economic Outlook: Nearly half expect the tariffs to continue driving prices up over time. โ€‹
  • Job Creation Expectations: While 49% believe the tariffs might bring more manufacturing jobs back to the U.S., opinions vary significantly along party lines. โ€‹CBS News+3CBS News+3CBS News+3

๐Ÿงพ Public Sentiment and Political Implications

The poll indicates a decline in President Trump’s economic approval rating, dropping from 51% to 44% over the past month. This shift suggests growing public skepticism about the effectiveness of his tariff strategy. โ€‹CBS News

Despite the administration’s assertion that tariffs are a “beautiful thing,” the data reflects a disconnect between policy intentions and public perception. The anticipated increase in consumer prices could influence voter sentiment as the 2026 midterm elections approach.โ€‹axios.com

For a more detailed analysis, you can watch the full CBS News segment here:

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