President Donald Trump 's approval rating among the richest Americans has fallen to its lowest point of his second term.

According to polling by The Economist /YouGov, Trump's net approval rating among Americans with a yearly income of more than $100,000 was at -16 percentage points, down from -10 r ecorded in July . The previous nadir of -14 had been measured in April following the announcement of Trump's "Liberation Day" tariffs.

Why It Matters

Trump came into office with a strong net approval rating among this demographic— at + 6 with 49 percent approving of his job performance and 43 percent disapproving. Some high-profile billionaires like hedge fund managers Bill Ackman and Dan Loeb have since spoken out against Trump because of his tariffs policy.

If Trump loses the suppor

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