Donald Trump

President Donald Trump.

Photo: Gage Skidmore

The good news for President Donald Trump? His approval rating is up 7 points since last month, according to a new poll by The Associated Press-NORC Center for Public Affairs Research.

The bad news? That only lifts Trump’s approval to 42 percent, low for a president at this point in his tenure.

Meanwhile, the Democratic message appears to be breaking through with voters.

Among those Americans who are familiar with the new tax law, 77 percent believe it helps large corporations and 73 percent say it benefits the wealthy, while 53 percent say it helps small businesses.

Americans are evenly divided on whether the measure helps the middle class.

Republicans argue Democrats risk overreaching by downplaying the impact that even a small windfall from the tax bill can have for a family and individual.

According to the AP-NORC poll, nearly half of those who receive a paycheck — 46 percent — say they’ve seen an increase in their take-home pay as a result of the tax law.

Overall, taxes and the economy are the brightest spots for Trump, who gets lower numbers from voters on a range of other issues, including his handling of North Korea (42 percent), trade (41 percent), gun control (39 percent) and the budget deficit (35 percent).

Trump’s rating benefited from an economy that has boosted consumer and business sentiment. The 4.1 percent unemployment rate is the lowest since 2000 without the same kinds of excesses that fueled that era’s tech bubble. Many economists say these conditions are largely a continuation of the momentum from the gradual expansion that began during the Obama administration.

Trump’s most recent policy moves also have rattled financial markets and raised questions about the prospect of an economic slowdown.

He slapped hefty tariffs on steel and aluminum imports, though his administration has issued waivers to several countries.

And last week, he moved to slap $60 billion in tariffs on Chinese goods, prompting Beijing to promise swift retaliation.

The full scope and impact of Trump’s proposed tariffs won’t be known for some time, but the initial reaction from Americans is decidedly mixed.

The AP-NORC poll finds that 38 percent support the steel and aluminum tariffs and 29 percent are opposed.

The poll also finds that just 32 percent of Americans think the tariffs will lead to an increase in jobs, compared with 36 percent who think it will lead to a decrease.

Forty percent think it will lead to an increase in consumer prices, while 39 percent think it will lead to a decrease.

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