President Trump's Approval Rating Hits New Low Amid Economic Concerns and Iran War
President Trump's approval rating has dropped to 33%, tying his lowest mark during his presidency, according to a Reuters/Ipsos poll. This decline comes as a majority of Americans, including 53% of registered voters and nearly a quarter of Republicans, report being economically worse off since January 2025, as indicated by a Financial Times poll. Inflation in July stood at 3.4%, higher than when President Trump took office, and real wages have decreased due to hourly pay not keeping pace with inflation. The U.S. economy also shed 23,000 jobs last month. These economic challenges are exacerbated by the ongoing war with Iran, which has led to increased oil prices, a surge in gasoline costs, and widespread inflation. The conflict, which President Trump initially stated would conclude in weeks, is now approaching its sixth month and remains largely unpopular, with only about a third of Americans supporting it.