Donald Trump Approval Rating Falls
Analysis based on 36 articles · First reported Apr 21, 2026 · Last updated Apr 30, 2026
The decline in Donald Trump's approval rating, driven by the war with Iran and rising cost of living, signals potential political shifts that could affect market stability. Surging gasoline prices, a direct consequence of the United States and Israel's conflict with Iran, are weighing on American households and global economies, impacting energy markets and consumer spending.
Donald Trump's approval rating has fallen to 34%, the lowest of his current term, according to a Reuters/Ipsos poll. This decline is attributed to public dissatisfaction with his handling of the cost of living and the ongoing war with Iran. The conflict, initiated by the United States and Israel against Iran on February 28, has caused gasoline prices to surge over 40% to $4.18 a gallon and disrupted a fifth of the global oil trade. Iran's threats continue to prevent oil shipments from the Persian Gulf, further increasing global energy prices. This situation is raising concerns among the United States — Republican Party (United States) about losing control of the United States Congress in the November midterm elections, as independent voters show a preference for the United States — Democratic Party (United States).
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