Trump’s approval rating has trended downward through 2026, with recent polling averages showing roughly 37 percent approval and 60 percent disapproval amid persistent economic pressures. Inflation and cost-of-living concerns remain the dominant drag, producing net ratings near -48 on that issue, while handling of the economy and trade also sit at multi-year lows. The ongoing conflict with Iran, including U.S. strikes and resulting higher fuel prices, has further eroded support even among some Republican voters. Midterm elections scheduled for November 3, 2026, add near-term pressure, as low presidential approval typically complicates the party’s campaign environment. Any sustained rebound would likely require measurable improvement on pocketbook metrics or de-escalation abroad before year-end.