Hey there! Have you ever heard about surveys? They’re like polls that ask people what they think about different things. Recently, some Republicans (that’s one of the big political groups in the U.S.) are feeling unsure about former President Donald Trump’s trade policies.
So, what’s happening? A special survey called the University of Michigan’s Sentiment Index asks people how they feel about the economy. In May, the number went down to 50.8 from April’s 52.2. That means people are more worried now than before.
Why are they worried? Well, some think that the trade policies might make things cost more money. Imagine if your favorite toy or game suddenly became more expensive! That’s because of something called inflation, which means prices go up. In the survey, people thought prices might go up by 7.3% next year—the highest since 1981!
Even though official reports say that prices aren’t going up that much, people are still concerned. Especially some Republicans, who think that the trade rules could keep making things more costly over time.
It’s like when you hear a rumor that ice cream prices will double next week. Even if it doesn’t happen, you might still worry about it, right? That’s sort of what’s going on here. People are feeling unsure, and that’s affecting how they see the economy.
The survey took place from April 22 to May 13, and it shows that even political groups can feel uncertain about big decisions.
Remember, it’s okay to have questions about what’s happening in the world. The more we learn, the better we can understand it! 🌟
Reference(s):
Republicans losing confidence in Trump's trade policy: survey
cgtn.com
