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Amidst rising inflation, concerns about the cost of living are escalating as gasoline prices spike following hostilities with Iran. Support for President Donald Trump remains comparatively strong among Republicans, yet a significant portion of the populace disapproves of his response to the ongoing conflict. Independent voters are leaning toward the Democratic side ahead of the midterms, with many still undecided about their choices.
A recent four-day Reuters/Ipsos poll indicates that Trump’s approval rating has fallen to 34%, the lowest in his current term, down from 36% in a previous survey conducted mid-April. Most responses were collected before the incident at the White House Correspondents’ Dinner Saturday night, where a gunman was stopped before entering the hall where Trump was speaking. It’s uncertain whether this event will influence public perception of the president. Federal prosecutors have charged the shooter with attempting to assassinate Trump.
Since assuming office in January 2025, Trump’s approval ratings have steadily declined—initially at 47%. The war with Iran, which launched on February 28, has caused gasoline prices to jump over 40%, reaching approximately $4.18 per gallon and causing financial strain for many American households. This surge has generated anxiety among Trump’s supporters about the possibility of Democrats gaining control of Congress in November.
While 78% of Republicans still support Trump, 41% are discontented with his handling of the cost of living. Meanwhile, independent voters, a critical swing group, favor Democrats by a 14-point margin—34% to 20%. A quarter of independents remain undecided. Trump’s economic approval rating has plummeted to 27%, significantly lower than during his previous term and even below Biden’s lowest economic ratings.
Although the conflict with Iran has somewhat de-escalated after a ceasefire earlier this month, Iran’s threats continue to hinder oil shipments from the Persian Gulf. This instability sustains upward pressure on U.S. and global energy prices as reserves dwindle. Currently, 34% of Americans approve of the ongoing U.S. involvement with Iran, compared to 36% in April and 38% in March.
During Trump’s first term, his approval hovered around 40% for extended periods. The current figure is slightly above his all-time low of 33% during that period. The survey, encompassing responses from 1,269 U.S. adults—including 1,014 registered voters—was conducted nationwide online, with a margin of error of 3 percentage points.
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