According to a YouGov poll conducted for CBS News on March 27 and 28, a significant majority of Americans believe that tariffs on foreign imports are likely to drive prices higher. The poll found that 72% of respondents expect tariffs to increase prices in the short term, while only 5% think they will lead to lower prices. The remaining respondents were either unsure or believed there would be no change.

Looking further ahead, 47% of participants said they expect tariffs to raise prices in the long term, whereas 29% believe prices will eventually decrease. These findings reflect growing public concern over the economic impact of trade policies and import tariffs under the current administration.

When asked about their personal financial situations, 42% of Americans reported that President Donald Trump's economic policies have made them worse off, compared to 23% who feel they are better off and 35% who said their situation remains unchanged.

The survey also revealed a nearly even split in opinions about President Trump’s handling of the economy. While 52% disapproved of his approach, 48% expressed approval. Despite these mixed economic perceptions, Trump’s overall approval rating stood at 50%, suggesting continued support among a sizable portion of the electorate.

The data underscores a complex and divided public response to the administration’s economic direction, particularly in the realm of tariffs and trade. As inflation and cost-of-living concerns persist, the public appears wary of the immediate effects of tariffs, even as opinions remain varied regarding their long-term benefits.