Updated
Updated · The Independent · Aug 18
Trump Approval Falls to 33% as Iran Conflict and Gas Prices Erode Support
Updated
Updated · The Independent · Aug 18

Trump Approval Falls to 33% as Iran Conflict and Gas Prices Erode Support

3 articles · Updated · The Independent · Aug 18

Summary

  • Reuters/Ipsos found Trump's approval at 33% in a four-day poll ending Monday, down from 35%, while 64% disapproved—his worst reading of this presidency and equal to his December 2017 low.
  • One-fifth of global oil trade has been disrupted by the Iran conflict, pushing up U.S. gasoline prices and undercutting Trump's pledges to contain inflation and avoid a prolonged war.
  • Eighty percent of Americans expect U.S. involvement in Iran to last a long time, and only 20% say the war has been worth it; at a New York rally, Trump said paying "a tiny little bit more" for gas was justified.
  • Republicans fear the backlash could cost them their slim House majority in the November 3 midterms, while Democrats have moved ahead on economic stewardship by 38% to 35% in Reuters/Ipsos polling.
  • Immigration remains a relative Republican strength, but their edge has narrowed to 40% versus 38% for Democrats—the smallest margin of Trump's term after a 26-point lead in January 2025.

Insights

If prices are finally stabilizing, why do underlying financial indicators suggest the household affordability squeeze is only just beginning?
As interest rates remain elevated despite sudden job losses, could the strategy to cure inflation trigger an unexpected economic shock?
With inflation technically cooling, what hidden global disruptions are secretly keeping your gas and grocery bills stubbornly high?