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The one major issue with American diets—and how to fix it

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Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

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  • President Donald Trump’s economic approval rating has plummeted ever since imposing tariffs. A CNBC survey released Saturday shows 55% of Americans disapprove of his handling of the economy, the lowest point it’s been during both his first and second term.

Many Americans were hopeful in voting for President Donald Trump that his economic policies would mean lower prices, lower taxes, and a booming economy. But in recent weeks, Trump’s tariff policies have rocked markets and inflationary pressures still exist—plummeting consumer confidence

Trump now faces the worst economic approval rating of his entire presidential career, according to CNBC’s All-America Economic Survey released Saturday. A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval rating on his handling of the economy. That’s the first time in any CNBC poll Trump’s approval has been net negative on the economy while he’s been president, according to the publication.

“Donald Trump was reelected specifically to improve the economy, and so far, people are not liking what they’re seeing,” Jay Campbell, partner with Democratic pollster Hart Associates, told CNBC. 

Meanwhile, a Gallup poll released Thursday also shows declining approval of how Trump is handling the economy. A majority of Americans said they had either “only a little” confidence in the president (11%) or “almost none” (44%). Trump’s overall approval rating was also well below the average first-quarter rating (60%) for all presidents elected from 1952 to 2020 at just 45%, according to Gallup.

The White House didn’t immediately respond to Fortune’s request for comment. 

However, in reaction to a CNN survey showing 56% of respondents disapproved of Trump’s handling of the economy, a White House spokesperson told Fortune’s Jason Ma that Trump delivered historic job, wage, and investment growth during his first term, and he is “set to do so again in his second term.”

“Since President Trump was elected, industry leaders have responded to President Trump’s America First economic agenda of tariffs, deregulation, and the unleashing of American energy with trillions in investment commitments that will create thousands of new jobs,” spokesman Kush Desai said in a statement.

The CNBC survey also shows Trump’s worst numbers come on his handling of inflation ,with 57% of the public saying they believe we will soon be—or are already in—a recession. The president has come out swinging at Federal Reserve chair Jerome Powell this week, insisting he lower interest rates and calling for his firing.

Trump posted on his social media platform Truth Social that Powell was “too late and wrong” about cutting interest rates, adding “Powell’s termination cannot come fast enough!”

Trump’s economy

In just the past couple of months, Trump has imposed tariffs on Canada, Mexico, China, aluminum, and steel and has threatened more on the European Union, chips, autos, and pharmaceuticals. But he’s paused some tariffs—and the on-again, off-again nature of his policies have wreaked havoc on markets and sparked uncertainty.

Among the most concerned about Trump’s tariff policies are CEOs. A whopping 62% of CEOs forecast a recession or slowdown in the next six months, according to survey results released by Chief Executive on April 14.

“This uncertainty needs to stop,” Donald H. Lloyd II, president and CEO of St. Claire HealthCare in Kentucky, said in a statement. “I support tariffs but believe they need to be applied strategically, not globally.” 

And some of the world’s most recognizable and influential chief executives are sounding the alarm for a recession resulting from Trump’s tariff policies. 

“Right now, we are at a decision-making point and very close to a recession. I’m worried about something worse than a recession if this isn’t handled well,” Ray Dalio, founder of Bridgewater Associates, told NBC. “We have something that’s much more profound, we have a breaking down of the monetary order.”

Meanwhile, “budget-constrained” consumers have been exhibiting “stressed behaviors” based on economic uncertainty, Walmart CEO Doug McMillon said in late February during a talk at the Economic Club of Chicago.

“You can see that the money runs out before the month is gone, you can see that people are buying smaller pack sizes at the end of the month,” McMillon said.

This story was originally featured on Fortune.com



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China accelerates budget spending to counter tariff woes

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© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.



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Used solar panels sold on Facebook and eBay have cult following

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Todd Dabney, who’s been going to the Burning Man festival since 2011, needed a way to keep his tent cool under the baking Nevada sun. So the IT consultant created what he calls “the ultimate swamp cooler” out of a heavy-duty plastic storage container, pumps, tubes and a fan.

Powering the device is a 385-watt JinkoSolar panel that he snapped up on Craigslist several years ago from a nearby seller for $100. Dabney recalls that the seller was upgrading his solar array and getting rid of his current panels, which were about five years old. 

“There was no reason to buy new panels” for the cooler, he says. “I knew I was taking this to Burning Man, and it’s going to get dusty and beaten up.”

As factories turn out more and more new panels, the supply of used ones increases in turn. Dabney is among a group of solar shoppers in the US who opt to buy them secondhand, often through listings on eBay, Craigslist and Facebook Marketplace. On message boards like Reddit’s r/solar and the DIY Solar Power Forum, thrifters can share their experiences and swap installation tips. 

Pre-owned panels are an attractive option for the frugal, as well as DIY enthusiasts, tinkerers and homesteaders. Their cost varies with age and output. Older panels, which usually have lower wattage, can be found online for under $50. Newer ones tend to have higher wattage and can cost several times as much. But any secondhand panel from the next town over will be tariff-free, whereas the majority of new panels installed in the US are imported, so subject to a levy. 

Read more: US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs

Giving the modules a second life has environmental benefits, experts say, and as more solar is installed globally, the niche used market could grow. 

Arizona-based SanTan Solar sells both new and used panels through its website and eBay. Its parent company, Fabtech Solar Solutions, runs a solar recycling business that takes panels from decommissioned projects and tests them for quality. SanTan sells the used modules with a one-year warranty. 

Interest in pre-owned panels spiked during the Covid-19 pandemic, when Americans were spending more time at home, according to SanTan sales manager Rusty Thatcher. “The primary end-users are people that are more energy independent, that are really more budget conscious — they’re really looking for a cheap alternative to other energy sources,” Thatcher says. They might want to set up a solar system for their RV or need to replace part of an existing array, he adds. 

Sameer Sajid turned to Facebook Marketplace in his search for pre-owned solar to power a charging station for his e-bike, a project he undertook “just for fun.” Within a day, the Massachusetts-based software engineer found a seller near him offering a 250-watt Renogy-brand panel. 

He bought it — along with a charge controller, needed to regulate the flow of energy to the bike’s battery — for $100. Setting up the charging station took less than 30 minutes, he says. 

“If you’re trying to do it as cheaply as possible, used is 1,000% the way to go,” Sajid says. 

Going used also avoids sending working panels into the waste stream prematurely. The International Renewable Energy Agency estimates that the cumulative waste from photovoltaics will reach 4 million tons globally in 2030, and almost 50 million tons in 2040. 

Read more: The Quest to Make Clean Energy Even Cleaner

Panels typically have a warranty of 30 years, but many don’t reach their full lifespan before being replaced. Their manufacturing results in the same environmental impacts whether they’re in use for three years or three decades. 

“Once you’ve manufactured a PV panel, extending its lifetime through reuse amortizes the sunk, or embodied, environmental impacts over more electricity generation, reducing the per kilowatt-hour impacts,” says Garvin Heath, principal environmental engineer at the National Renewable Energy Laboratory and an expert on lifecycle assessment of energy technologies. 

Still, used modules aren’t for everyone or every project. There’s the obvious drawback of having to vet quality from a classified ad. Shipping panels from far away can cause costs to spiral. Low-wattage or damaged panels may have a tempting price but weak output, especially since panels’ efficiency declines slightly over time. And panels often represent just a fraction of the total cost of setting up solar. The other parts required — like an inverter, wiring and, in many cases, a battery — quickly add up. 

New solar panels are already very cheap thanks to their abundance in the market, notes BloombergNEF analyst Jenny Chase. Modules are typically designed to be set up and left alone, she says, and manipulating them could put stress on them. 

SanTan’s Thatcher says that depending on the use, people may be better off investing in brand-new panels to maximize the amount of energy captured. 

“If people are looking at putting on a new solar array on their home that they want to have for 30 years, then I usually still recommend new panels,” he says. Federal tax credits can help lower the cost. 

An average US household needs about 11 kilowatts to cover its electricity usage, and a system of that size with new panels typically costs around $20,500 to install after federal tax credits, according to data from EnergySage. The average time it takes to make that back in utility-bill savings is just over seven years. 

After setting up his e-bike charger, Sajid says he’s shopping for new panels for his home, to maximize the amount of energy he can produce. But he still sees advantages to using secondhand ones in certain situations. For example, they’d be a good fit for his in-laws’ off-grid cabin in the mountains, he says, to meet basic electricity needs. 

Dabney has been telling other Burning Man enthusiasts about his DIY cooling system and referring them to Craigslist and Facebook Marketplace for used panels. 

“Having an affordable, free energy generator, I think, is really cool,” he says. 

This story was originally featured on Fortune.com



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