Luján: President Trump’s Reckless Economic Agenda Threatens New Mexicans’ Livelihoods

Prices Are Still Rising for New Mexico Families, Consumer Sentiment at Historic Low  

Santa Fe, N.M. – Today, U.S. Senator Ben Ray Luján (D-N.M.) released the following statement after a YouGov/Economist Poll showed that President Trump’s approval rating on the economy has fallen significantly since the beginning of his term:

“In less than 100 days, President Trump’s reckless economic agenda has New Mexicans on edge and worried about their livelihoods. This President promised lower costs on day one of his presidency, yet we aren’t seeing costs going down for Americans across the country. Instead, we are seeing a reckless trade war, an attack on Americans’ retirement accounts and pocketbooks causing widespread economic uncertainty. President Trump’s chaotic and erratic economic policy decisions have the many worried, and this latest poll shows that the American people have lost confidence in the President’s economic agenda.”

As President Trump continues his reckless trade war, consumer sentiment fell for the fourth consecutive month in April, plunging 11 percent from March. Consumer sentiment has now lost more than 30 percent since December 2024. At 50.8, U.S. consumer confidence is at its second-lowest level on record going back to 1952.

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