Trump Approval Rating Falls to Record-Low 33% Amid Iran War and Rising Costs
Trump Approval Rating Falls to Record-Low 33% as Iran War Fuels Voter Concerns
U.S. President Donald Trump's approval rating has fallen to a record-low 33% in his current presidency, according to a new Reuters/Ipsos poll, as growing concerns over the prolonged conflict with Iran and rising household costs weigh on public sentiment.
The poll found that 64% of Americans disapprove of Trump's performance, giving the president a significant negative gap at a politically sensitive moment ahead of the November midterm elections. The latest approval figure is down from 35% in an earlier poll conducted this month and matches the lowest level recorded during Trump's first term in December 2017.
The findings were reported by Reuters and also drew attention across the cryptocurrency community, including Cointelegraph's X account. The decline comes as investors and voters continue to assess the economic and geopolitical consequences of the U.S. government's policies.
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| Source: XPost |
Trump Approval Rating Hits New Low
The Reuters/Ipsos survey, conducted over four days and involving 1,166 U.S. adults, shows that Trump's approval rating has reached its lowest point of his current term.
Only about one in three respondents said they approve of his performance, while nearly two-thirds expressed disapproval. The poll carries a margin of error of approximately 3 percentage points.
The decline represents a notable shift from the beginning of Trump's second term, when his approval was closer to half of the country.
Several issues appear to be contributing to the deterioration in public support, with the conflict involving Iran emerging as one of the most significant factors.
Iran War Becomes a Major Political Issue
Trump's approval decline comes after the United States entered a military conflict with Iran alongside Israel.
The conflict has disrupted global energy markets and affected the movement of oil through the strategically important Strait of Hormuz. Reuters reported that the disruption has affected roughly a fifth of global oil trade, contributing to higher gasoline prices and increasing pressure on American households.
The economic consequences have become increasingly difficult for the administration to separate from the broader political debate.
Trump has argued that higher gasoline prices are part of the cost of preventing Iran from obtaining nuclear weapons. However, the Reuters/Ipsos polling suggests that many Americans remain deeply concerned about how long the conflict could continue.
Approximately 80% of respondents said they believe the war will last a long time, according to the survey. That concern crosses party lines, making the issue particularly significant for the White House.
Rising Gasoline Prices Add Pressure
Higher energy costs can have an impact well beyond the price displayed at a gas station.
When fuel prices rise, transportation becomes more expensive for consumers and businesses. That can eventually affect food, logistics, travel and other everyday expenses.
The Reuters/Ipsos results indicate that the cost-of-living issue remains a major concern for American voters.
That creates a difficult political environment for Trump, who campaigned heavily on improving economic conditions and reducing the financial pressure facing households.
The disconnect between those promises and current economic conditions could become increasingly important as voters prepare to decide control of Congress.
Midterm Elections Could Be Affected
The approval rating comes less than three months before the November midterm elections.
Republicans currently face the challenge of defending congressional majorities while Democrats attempt to capitalize on dissatisfaction with the administration.
The latest polling suggests Democrats are gaining ground on issues including the economy and cost of living, areas that have traditionally been central to election campaigns.
Republicans retain an advantage on immigration, according to the survey, but support on that issue has also weakened amid criticism of the administration's enforcement policies.
The political implications could be significant if Trump's approval remains depressed through the election period.
Presidents do not appear directly on midterm ballots, but their popularity often influences voter turnout and congressional races.
Economic Concerns Remain Central
Trump's political fortunes are closely connected to the economic outlook.
Inflation, gasoline prices and household affordability have become increasingly important to voters, particularly as geopolitical developments create uncertainty over energy markets.
Recent financial-market developments have also reflected those concerns.
U.S. Treasury yields have risen sharply amid renewed inflation fears and geopolitical uncertainty, while higher oil prices have added pressure to the broader economic outlook.
For financial markets, prolonged uncertainty can create volatility across stocks, bonds, currencies and digital assets.
Investors will therefore be watching both the geopolitical situation and Washington's response as the conflict continues.
Crypto Markets Are Also Watching Washington
The political environment in Washington matters to the cryptocurrency industry as well.
Trump has positioned his administration as supportive of digital assets, and his presidency has coincided with increased attention to cryptocurrency regulation, stablecoins and blockchain policy.
However, political instability and broader economic uncertainty can affect investor appetite for risk assets.
Bitcoin and other cryptocurrencies are sensitive to changes in liquidity expectations, interest rates, geopolitical risk and investor confidence.
A prolonged conflict that pushes energy prices higher could complicate expectations surrounding Federal Reserve policy and broader financial conditions.
That could have consequences for crypto markets even though the approval rating itself has no direct impact on Bitcoin prices.
Trump's Political Challenge Deepens
The latest Reuters/Ipsos poll represents another warning sign for the Trump administration.
A 33% approval rating places the president at a politically difficult level, particularly with the midterm elections approaching and economic concerns becoming more prominent.
The administration will likely face pressure to demonstrate progress on both the conflict with Iran and the domestic cost of living.
Trump has continued to defend his Iran policy while arguing that the economic costs are necessary to achieve broader national security objectives.
Whether voters accept that argument could become increasingly important.
What Comes Next
The coming weeks could prove critical for Trump's political standing.
A reduction in geopolitical tensions, lower energy prices or signs of improving economic conditions could potentially change public sentiment.
Conversely, a prolonged conflict, continued disruption to oil markets and persistent inflation could place additional pressure on the administration.
The Reuters/Ipsos survey shows that Americans are already deeply concerned about the duration of the conflict, with 80% expecting it to continue for an extended period.
For now, Trump's approval rating has fallen to 33%, its lowest level of his current presidency.
The number provides a clear snapshot of growing public dissatisfaction at a moment when foreign policy, gasoline prices, inflation and the economy are converging into one of the biggest political challenges facing the White House.
With the November midterms approaching, the administration will have limited time to change the trajectory.
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Ethan Collins is a passionate crypto journalist and blockchain enthusiast, always on the hunt for the latest trends shaking up the digital finance world. With a knack for turning complex blockchain developments into engaging, easy-to-understand stories, he keeps readers ahead of the curve in the fast-paced crypto universe. Whether it’s Bitcoin, Ethereum, or emerging altcoins, Ethan dives deep into the markets to uncover insights, rumors, and opportunities that matter to crypto fans everywhere.
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