More than 40% of respondents hope that Trump's reelection will hurt the economy: a poll

According to a poll released on Wednesday, more than 4 out of 10 people believed that the US economy would weaken if President TrumpDonald John TrumpOnly: Congress can end the quagmire of the Chinese trade war Trump bluffing Bolton: "He has made some very big mistakes" Trump calls for the ban on flavored electronic cigarettes MORE is re – elected next year.

In the Economist / YouGov survey of some 1,500 US adults, 42 percent said the economy would suffer if Trump won another term, compared to 30 percent who said the economy would improve.

Another 15 percent expected the economy to be maintained if Trump were re-elected, while 13 percent were unsure of the potential economic impact of another term for him.

Respondents were equally divided at 35% as to whether a Democrat winning in 2020 would improve or worsen the economy. Thirteen percent expected the economy to remain unchanged in this scenario, while 17 percent said they were unsure of the consequences of a Democratic victory over the economy.

The success of Trump's re-election bid will largely depend on the state of the US economy, which has had an unemployment rate close to record lows and solid growth throughout its mandate. While the president is largely unpopular beyond his base, Trump had already received decent ratings for his management of the economy.

Still, months of growing fears of a possible recession ahead of the 2020 elections and the rising costs of Trump's trade war with China have weakened the president's stance on economic issues.

The United States created just under 100,000 private sector jobs in August, according to a federal jobs report released last Friday. This level is close to what economists see as the minimum job gain per month needed to prevent an increase in unemployment and support more than a decade of economic expansion.

Trump largely dismissed concerns over a recession, but heightened pressure on the Federal Reserve to lower interest rates and boost the economy with stimulus levels seen in the 2008 recession.

"The Federal Reserve should lower our interest rates to zero or less, then begin to refinance our debt.The cost of interest could be lowered while extending the term considerably.We have the big currency, balance sheet and balance sheet." Trump said Friday.