Trump Approval Hits New Low as Voters Report Economic Decline

A Reuters/Ipsos poll released Monday shows 64% of Americans disapprove of the president’s performance, matching his lowest marks from December 2017. Financial strain is widespread, as a separate Financial Times survey found 53% of registered voters feel their economic standing has deteriorated since January 2025. This sentiment cuts across party lines, affecting 57% of independents and nearly a quarter of Republicans.

Economic indicators support this public dissatisfaction. Despite a temporary peak in May, inflation remains elevated at 3.4%, and the economy lost 23,000 jobs last month. While Trump highlights stock market growth, the ongoing conflict with Iran continues to drive up fuel costs and broader inflation. Public skepticism regarding the war is deep; 80% of adults believe the fighting will persist for a long time, far exceeding the administration’s initial predictions of a quick resolution.

Support within the GOP is also showing cracks. Approval among Republican voters has dropped to 79%, and the intensity of that support has faded significantly. As the November elections approach, Democrats hold a 10-point advantage among voters certain to participate, signaling a potential shift in momentum as the administration struggles to regain its footing.