Group 1: Short-term Fiscal Relief - The "Big and Beautiful" Act, signed on July 4, 2025, raises the debt ceiling by $5 trillion, allowing the U.S. to continue its debt-driven economic growth model[2] - Recent tariff agreements with major economies are expected to generate approximately $2.1 trillion in additional tariff revenue over the next decade, alleviating some fiscal concerns[2] - The Act is projected to boost U.S. GDP by 0.15% in 2025 and 1.2% in 2026, with a long-term GDP expansion of 1.2%[8] Group 2: Long-term Concerns - U.S. federal debt reached $36.2 trillion by Q1 2025, exceeding 120% of GDP, with the "Big and Beautiful" Act expected to add an additional $3.4 trillion to the debt over the next decade[25] - Interest payments are projected to rise from 3.2% of GDP in 2025 to 4.1% by 2035, creating a significant fiscal burden[28] - The reliance on tariffs, which increased the average effective tariff rate to 11.4%, may lead to a decrease in consumer purchasing power and demand for non-essential imports, potentially limiting future tariff revenue growth[18] Group 3: Impact on U.S. Soft Power - The U.S. government's unilateral policies have diminished its international credibility, affecting its global leadership role[28] - Traditional alliances are strained due to aggressive tariff policies and withdrawal from multilateral agreements, leading allies to reconsider their defense spending and reliance on the U.S.[28] - The "Big and Beautiful" Act and tariff policies are contributing to increased income inequality within the U.S., potentially undermining domestic political stability[19]

Core Viewpoint - The article discusses the recent decline in President Trump's approval ratings, highlighting a significant dissatisfaction among the American public regarding his performance, particularly in relation to foreign policy decisions and legislative efforts. Group 1: Approval Ratings - Recent polls indicate that Trump's approval rating has dropped to a historic low, with 53% of Americans expressing dissatisfaction with his performance [2][5][6] - The net approval rating stands at negative 10%, a decrease from negative 7% the previous day, marking the lowest level since April 29 [6][7][10] - Other polls also confirm that Trump's approval ratings have reached new lows during his second term, with net approval ratings reported at negative 14% and negative 13% in different surveys [12][13][14] Group 2: Foreign Policy Decisions - Analysts suggest that Trump's decision to attack Iranian nuclear facilities has caused unease among his "Make America Great Again" (MAGA) supporters, who expected him to avoid foreign entanglements [3][15] - The recent military actions, including the deployment of the National Guard and Marines to Los Angeles and airstrikes on Iran, have reignited public dissatisfaction with the White House [9][10] Group 3: Legislative Efforts - The U.S. Senate has advanced Trump's "Big and Beautiful" bill, which aims to implement significant tax cuts and spending measures, passing a procedural vote by 51 to 49 [4][17] - The bill is seen as a continuation and upgrade of Trump's first-term tax policies, proposing a $4 trillion tax cut and a $1.5 trillion spending reduction over the next decade [22] - The bill's passage faces challenges, including opposition from several Republican senators and Democrats, as well as criticism from influential figures like Elon Musk, who argues it could harm the economy and increase national debt significantly [18][24][23]