CBS News releases economic report card

(CBS, KYMA/KECY) - Nearly 100 days into President Donald Trump's term, the latest CBS News poll shows he is steadily losing support on the key issue of the economy.

51% of those polled approved of his handling of the economy in March, but as of this month, only 42% approve of his handling of the economy.

Meanwhile, nearly 50% if Americans feel his policies are making them worse off, even though inflation and mortgage rates have both fallen since President Trump took office.

"What this tells me....the uncertainty of tariffs...that's really more where people are focusing on and
that's reflecting how they feel," said Kelly O'Grady, CBS News MoneyWatch Correspondent,

Growing concern about the U.S. economy has caused a major selloff on Wall Street.

The market and 401Ks have been some of their worst days since the pandemic, and consumer sentiment has also fallen four straight months, with confidence in the economy dropping 32% since January.