CGTN Survey: U.S. Market Confidence Severely Undermined by Tariffs
A survey conducted by CGTN aimed at global netizens has shown that respondents are unusually doubtful about the new U.S. administration's tariff policies, and they express significant worries regarding the adverse spillover effects stemming from the sluggish performance of U.S. stocks.
TroibNews 
In less than a month, $4 trillion in market value has vanished as international apprehensions regarding U.S. tariff policies create turmoil in the nation's stock market. A survey by CN targeting global internet users has shown an unprecedented level of skepticism among respondents about the new U.S. administration's tariff strategies, alongside significant concerns about the adverse effects stemming from the weak performance of U.S. stocks. As one CN netizen remarked, "Taxing all products from foreign countries has never been a good idea."
Recently, U.S. President Trump remarked that "we cannot focus too much on the stock market performance." In response, 86.7 percent of global respondents felt this was an attempt to minimize the perceived negative effects of his tariff policies on the U.S. stock market. Shortly after, Trump announced a hike in tariffs on Canadian steel and aluminum exports to the U.S., elevating them to 50 percent and resulting in further instability in the U.S. stock market.
In light of this, 86.1 percent of global respondents indicated that the new U.S. administration's unpredictable and escalating tariff policies have created anxiety among investors, prompting a sell-off in U.S. tech stocks and market volatility not witnessed in years. Additionally, 86.8 percent of respondents believe that the recent significant downturn in U.S. stocks illustrates a profound lack of confidence in the U.S. economy, with fears that a market crash in the U.S. could have repercussions for global markets and erode international confidence.
Goldman Sachs Group has recently adjusted its forecast for U.S. GDP growth in 2025 downward from 2.4 to 1.7 percent, marking the first economic forecast downgrade for the United States in two and a half years.
The survey found that 85.6 percent of respondents harbor concerns that the economic policies under the "America First" doctrine will persist in negatively affecting the sluggish recovery of the global economy. Furthermore, 76.2 percent of respondents believe that the crash of the U.S. stock market could signal the onset of a recession in the U.S. economy, while 70.6 percent consider that the new U.S. administration's economic policies may not only disrupt the global economic order but also severely harm the U.S. economy, impeding its own growth.
This survey was conducted on CN's English, Spanish, French, Arabic, and Russian platforms, gathering 7,875 netizen responses within 24 hours.
Lucas Dupont for TROIB News
Recently, U.S. President Trump remarked that "we cannot focus too much on the stock market performance." In response, 86.7 percent of global respondents felt this was an attempt to minimize the perceived negative effects of his tariff policies on the U.S. stock market. Shortly after, Trump announced a hike in tariffs on Canadian steel and aluminum exports to the U.S., elevating them to 50 percent and resulting in further instability in the U.S. stock market.
In light of this, 86.1 percent of global respondents indicated that the new U.S. administration's unpredictable and escalating tariff policies have created anxiety among investors, prompting a sell-off in U.S. tech stocks and market volatility not witnessed in years. Additionally, 86.8 percent of respondents believe that the recent significant downturn in U.S. stocks illustrates a profound lack of confidence in the U.S. economy, with fears that a market crash in the U.S. could have repercussions for global markets and erode international confidence.
Goldman Sachs Group has recently adjusted its forecast for U.S. GDP growth in 2025 downward from 2.4 to 1.7 percent, marking the first economic forecast downgrade for the United States in two and a half years.
The survey found that 85.6 percent of respondents harbor concerns that the economic policies under the "America First" doctrine will persist in negatively affecting the sluggish recovery of the global economy. Furthermore, 76.2 percent of respondents believe that the crash of the U.S. stock market could signal the onset of a recession in the U.S. economy, while 70.6 percent consider that the new U.S. administration's economic policies may not only disrupt the global economic order but also severely harm the U.S. economy, impeding its own growth.
This survey was conducted on CN's English, Spanish, French, Arabic, and Russian platforms, gathering 7,875 netizen responses within 24 hours.
Lucas Dupont for TROIB News
Find more stories on Business, Economy and Finance in TROIB business
