According to the ABC-Post poll, 46% approve of how Trump is handling the economy, down from 51% in July.
The poll also shows a sharp partisan divide on views of the economy: 9 in 10 Republicans say the economy is in excellent or good condition, while 33% of Democrats believe so.
Six in 10 Americans believe that a recession is “very likely” or “somewhat likely” within the next year.
A majority of Americans, 56%, disapprove of Trump’s handling of trade negotiations with China.
While he pushes aides to develop plans to strengthen consumer confidence, Trump isn’t backing down from his trade war with China.
The ABC/Post poll was conducted by telephone from September 2 to 5, among a random national sample of 1,003 adults. Results have a margin of sampling error of plus or minus 3.5 points.
CNN’s Donna Borak and CNN Business’ Chris Isidore contributed to this report.