Trump's Approval Slumps Amid Iran War
Analysis based on 7 articles · First reported Apr 21, 2026 · Last updated Apr 22, 2026
Donald Trump's declining approval ratings, driven by the Iran war and rising inflation, signal potential instability for the United States economy and financial markets. The increased gasoline and oil prices, influenced by Iran's actions in the Strait of Hormuz, contribute to a negative market sentiment and could impact the United States — Republican Party (United States)'s performance in upcoming elections.
Donald Trump's approval rating on the economy has fallen to 30% in April from 38% in March, according to a new AP-NORC poll. His overall job performance also dropped to 33%. This decline is largely attributed to the ongoing Iran war, which has driven up prices, particularly for gasoline and oil, and Donald Trump's unfulfilled promises to tame inflation. The conflict has seen Iran close and reopen the Strait of Hormuz, causing market volatility. Public dissatisfaction is evident, with only about one-quarter of United States adults approving of Donald Trump's handling of the cost of living. Even among Republicans, enthusiasm for Donald Trump has waned, posing potential problems for the United States — Republican Party (United States) in midterm elections. The United States economy is described as 'very' or 'somewhat' poor by three-quarters of adults, reflecting concerns over affordability of basic needs.
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