President Donald Trump's approval rating dropped to a new low in the latest poll conducted by a Republican-leaning firm.

Trump was reported to have a 49% approval rating and a 48% disapproval rating (+1 net approval rating) in the latest survey conducted by Napolitan News and RMG Research between April 2 and April 10. The president was reported to have a 51% between March 31 and April 6, which matched his lowest percentage previously recorded between February 3 and February 9, as well as March 3 and March 9.

Additionally, the survey showed that 28% of respondents strongly approve and 21% approve of Trump's job while 38% strongly disapprove and 10% disapprove. Several other polls showed that the president had his lowest approval rating of his second term in recent weeks.

Trump's job performance was reported to have a 41% approval rating and 53% disapproval rating among registered voters in the latest poll released by Quinnipiac on April 9; a 46% approval rating in the latest Morning Consult Pro poll released earlier this week; and a 45% favorable to 52% unfavorable (-7.7 margin) ratio in the latest Economist poll conducted on April 9, all of which are record lows since the beginning of his second of two non-consecutive terms in January. The president was also previously reported to have dropped to a record low 47% approval rating in Rasmussen polls conducted earlier this week before increasing to 48% on April 11.

Trump was also reported to see a drop in support among his own party with 86% of Republicans saying they approved his job performance in the latest Quinnipiac poll. A majority 72% of respondents said they believed Trump's sweeping international tariffs would hurt the U.S. economy in the short-term and 53% said they would have a long-term negative impact as well, while 22% said they think the tariffs would have a positive effect on the U.S. economy.

Trump previously announced that the U.S. would impose trade barriers on American exports as part of sweeping "reciprocal" tariffs on other countries, which he dubbed "Liberation Day," before announcing a 90-day pause.

"For decades, our country has been looted, pillaged, raped and plundered by nations near and far. ... Foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories and foreign scavengers have torn apart our once beautiful American dream," Trump said during his initial 'Liberation Day' announcement via Yahoo! News.

"But it is not going to happen anymore," he continued. "Reciprocal — that means they do it to us, and we do it to them. Very simple. Can't get any simpler than that."

The United States stock market experienced a significant downturn as the tariffs and trade wars were initiated, seeing the largest decline since the 2020 stock market crash influenced by the COVID-19 pandemic during Trump's first of two non-consecutive presidential terms. The stock market rose by more than 9% after the announced tariff pause, however, dropped once again the following morning, according to CNBC.