Key facts
- President Donald Trump's approval rating was 35% in a recent Reuters/Ipsos poll.
- 59% of respondents expect U.S. gas prices to worsen in the next year.
- Only 22% of Americans approve of Trump's handling of the cost of living.
- Voters indicated a preference for Democrats over Republicans in congressional elections.
- Trust in Democrats and Republicans on managing the economy is nearly tied.
President Donald Trump's approval rating has remained near its lowest levels, with a recent Reuters/Ipsos poll showing 35% approval. This figure is close to the lowest ratings of his current and first terms. The poll indicates widespread discontent, particularly concerning his decision to engage in military action against Iran, which has been linked to increased gasoline prices. Despite some recent easing in fuel costs, 59% of respondents anticipate further price hikes in the coming year, while only 17% expect improvement. The conflict with Iran, initiated on February 28, has disrupted global oil trade, though the intensity of attacks has lessened since April without a lasting peace agreement.
Americans express significant dissatisfaction with Trump's handling of the cost of living, with only 22% approving compared to 70% who disapprove. This dissatisfaction is notably higher than that experienced by his predecessor, Joe Biden, at the end of his term. High inflation during Biden's presidency was cited as a factor in the 2024 election outcome. Trump's campaign promise to address inflation is being tested by persistent high fuel prices, which could impact his party's prospects in the upcoming midterm elections.
Public opinion on the strikes against Iran is divided, with 36% approving the action and 25% believing the benefits justified the costs. In hypothetical congressional elections, registered voters currently favor Democrats over Republicans by a narrow margin. The Republican advantage in voter trust on economic management has diminished, with current polling showing near-equal confidence in both parties' economic plans.