Only 22% of American voters approve of the president’s record on the cost of living, according to a Reuters/Ipsos poll.
Published April 28, 2026
US President Donald Trump’s approval rating has fallen to its lowest level since returning to the White House, dropping to 34% amid economic uncertainty and the US-Israel war against Iran, according to a Reuters/Ipsos poll.
The poll released Tuesday also found that only 22% of respondents approve of President Trump’s record on the cost of living. Affordability has become a top issue for American voters.
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The Iran war has caused the Iranian government to block most shipping through the Strait of Hormuz, causing energy prices to soar around the world and fueling inflation in the United States.
The Reuters poll was conducted April 24-27 among 1,014 U.S. adults.
The election comes months before midterm elections in November, and President Trump’s Republicans must contend with the president’s abysmal approval ratings as they try to maintain majorities in the Senate and House of Representatives.
Despite growing criticism of the war against Iran by some right-wing commentators and podcasters, Mr. Trump continues to enjoy near-unanimous support from Republicans in Congress.
The conflict is also unpopular with American voters, including in a significant number of Republican districts.
A Marquette Law School poll released last week found that only 32% of voters approve of President Trump’s handling of the war.
Among Republican respondents, that number rose to 65%, but it still shows that there is significant opposition within the party on the issue.
A separate Associated Press-NORC poll last week reported similar findings, with Trump’s overall approval rating at 33 percent, support for the war at 32 percent, and support for the economy at 30 percent.
The United States and Iran agreed to a two-week ceasefire on April 8, which President Trump extended indefinitely, but tensions in the region remain high.
Dueling Gulf blockades, with Iran blocking the Strait of Hormuz and the US placing naval sieges on Iranian ports, continue to cause global energy supply problems despite a ceasefire.
In the United States, the average price of a gallon (3.8 liters) of gasoline is now $4.17, up from less than $3 before the war.
Still, President Trump has repeatedly insisted that Iran’s economy is collapsing and that time is on his side, suggesting he is complacent.
“Iran has just informed us that it is now ‘in a state of collapse,'” the US president said in a social media post on Tuesday.
“They want us to ‘open the Strait of Hormuz’ as soon as possible (I believe we can!) because they are trying to figure out their leadership situation.”
It is unclear how or why Iran, which currently refuses to negotiate directly with the United States unless the naval blockade is lifted, will inform President Trump that its economy is collapsing.
