Trump China tariff truce ignites stock markets – will it also pump up president's poll numbers?

Global stock markets are soaring in the wake of the contract truce between the U S and China The agreement communicated early Monday implements a -day cooling-off period between the world's two largest economic superpowers bringing a temporary end to their tariff war that last month triggered a massive financial sector sell-off U S tariffs on Chinese imports which were jacked to last month as President Donald Trump hiked tariffs on countries around the world will be scaled down to with Beijing lowering its tariffs from a retaliatory to just We both have an interest in balanced pact the U S will continue moving towards that Treasury Secretary Scott Bessent revealed after talks with Chinese executives in Switzerland WHAT'S IN THE BUSINESS TRUCE WITH CHINAWhile the initial agreement brought instant relief to the stock markets for a president aiming to pass a sweeping agenda through Congress and hold onto his congressional majorities in next year's midterm elections it is the prospective political payoff that may be of upmost importance The truce with China follows days after an initial arrangement deal with the United Kingdom which is the first since Trump implemented tariffs last month The president touted that the agreement with London would be the first of multiple It's a positive first step veteran Republican strategist and communicator Ryan Williams explained Fox News COMMERCE SECRETARY SAYS MORE DEALS TO COME FOLLOWING US-UK DEAL AGREEMENT 'GOING TO DRIVE OUR ECONOMY'Trump's approval ratings have been sliding since he returned to power in the White House nearly four months ago and are now underwater in largest part national polling Majority of but not all of the the greater part newest national constituents opinion surveys indicate Trump's approval ratings in negative territory which is a deterioration from the president's poll position when he started his second tour of duty in the White House in late January Fueling the drop in Trump's poll numbers are increased concerns by Americans over the financial market and inflation which were pressing issues that kept former President Joe Biden's approval ratings well below water for largest part of his presidency Trump stood at approval and disapproval in the majority of current Fox News national poll which was conducted April - Additionally getting past the top lines the president's approval registered at on the commercial sector and just on inflation and tariffs Front and center is Trump's blockbuster tariff announcement in early April which sparked a deal war with specific of the nation's top trading partners and triggered a massive sell-off in the financial markets and increased concerns about a recession POLL POSITION WHERE TRUMP STANDS WEEKS INTO HIS SECOND PRESIDENCYIn discussing his tariffs soon after he declared them on what he called Liberation Day the president touted that these countries are calling us up kissing my a-- They are dying to make a deal Please please sir make a deal I ll do anything I ll do anything sir Trump claimed A month later Trump eventually has a chance to show tangible results The president touted NO INFLATION LOVE DJT in a social media post Monday morning President Trump has argued that his agenda requires time for an adjustment and deal making He ll be given a period of time to execute deals to prove that his plans are working and the first major exchange deal with a nation like the UK is at least a sign that specific of the work has been going on behind the scenes thus and is starting to bear fruit Williams explained last week following the announcement of the deal with the United Kingdom Williams added that the president will have to back it up with more but it is a positive first step for him in securing other deals