The poll also found 58% oppose and 42% favor Trump’s new tariffs on imported goods, but 51% like his goals for the tariffs—to return manufacturing jobs to the U.S. and decrease the import/export margins between the U.S. and its trading partners, he has said—though 63% dislike his approach for achieving those goals.

His approval rating has fallen by 14 points since he entered office, more steeply than the five-point drop he had suffered by this time in his first term. In polling from YouGov/ The Economist, Americans give Mr Trump a net rating of minus-seven percentage points on his handling of the economy,

Big Tech and auto shares rose after the U.S. removed smartphones and other electronics from its tariffs on China over the weekend, and after President Donald Trump added new wrinkles into his vacillating trade policy on Monday by suggesting he might grant exemptions on auto-related levies already in place.