Trump Approval Rating Drops to Term-Low Amid Inflation, Russia Concerns

President Donald Trump's approval ratings have declined to the lowest point of his second term, holding steady at around 40 percent according to recent Reuters/Ipsos polls. This drop reflects growing economic anxiety among voters, with inflation concerns and uncertainty around interest rates contributing to political vulnerability ahead of the 2026 midterm elections. Trump's approval among Republicans has decreased from 92% in January to 83%, and among independents to 29%, while 54% of Americans, including some Republicans, believe he is too closely aligned with Russia, especially following his summit with Putin discussing Ukraine. His job performance ratings on crime, immigration, and the economy are also relatively low, with only about 40 percent approval in these areas. Economic data shows a slight uptick in inflation, with the Consumer Price Index rising modestly, and markets anticipating potential Federal Reserve rate cuts. Despite these challenges, some economists emphasize that inflation increases have been less severe than feared, though tariffs continue to impact prices.