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Trump’s approval on economy falls in AP-NORC poll, showing new warning signs for president

Trump’s approval on economy falls in AP-NORC poll, showing new warning signs for president

Summary

President Donald Trump’s approval rating on how he handles the economy has dropped from 38% in March to 30% in April, according to a recent AP-NORC poll. This decline is linked to the rising prices caused by the ongoing conflict with Iran, and fewer Republicans support his leadership on economic issues.

Key Facts

  • Trump’s approval on the economy fell from 38% in March to 30% in April.
  • Only about 32% of U.S. adults approve of Trump’s leadership on Iran, unchanged since last month.
  • The conflict with Iran caused gasoline prices to increase after the U.S. attacked Iran in February.
  • Inflation rose 3.3% in March compared to the previous year, slightly higher than the 3% inflation Trump inherited.
  • Only about one-quarter of Americans approve of Trump’s handling of the cost of living.
  • The Strait of Hormuz, a key oil shipping route, was briefly closed by Iran during the conflict.
  • Trump has minimized concerns about the war and rising oil prices, calling the war a "little journey."
  • Lower approval ratings could hurt Trump’s party in upcoming midterm elections.
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