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Voters Say They Are Worse Off as Trump’s Approval Falls to 33%

Economic pain tied to the U.S.-Iran war is eroding confidence on inflation, giving Democrats a modest midterm edge.

Overview

  • A Financial Times/Focaldata online survey conducted Aug. 7–10 found about 53% of registered voters say their household finances have worsened since President Trump returned to the White House.
  • A Reuters/Ipsos poll that concluded on Monday, Aug. 17 recorded Trump’s approval at 33% and found roughly 80% of Americans expect U.S. involvement in the Iran war to continue for an extended period.
  • Voters now trust Democrats more than Republicans on inflation, the cost of living, jobs and the economy, and the Financial Times poll shows Democrats leading by several points on the generic midterm ballot.
  • Support within the Republican base is slipping, with Trump’s net approval among Republicans down about eight points and analysts warning weaker base turnout could imperil narrow GOP House and Senate majorities.
  • Pollsters and analysts link rising fuel prices and disrupted oil shipments through the Strait of Hormuz to the drop in consumer sentiment, a development that could make November’s midterms a referendum on the war’s economic effects.