Trump’s approval rating has declined steadily through his second term to recent polling averages near 35-37 percent approve and net ratings around -22, with lows near 30 percent in some surveys. Primary downward pressure stems from widespread dissatisfaction with inflation, cost-of-living increases, and gasoline prices tied to the ongoing U.S.-Iran conflict that began earlier in 2026, alongside mixed results on trade and the broader economy. Republican support has softened, particularly among Hispanic and younger voters, while midterm elections scheduled for November 3, 2026, represent an immediate test that could reshape legislative momentum and public perception heading into 2027. Resolution of the Iran situation, labor-market data, tariff impacts, and any subsequent policy shifts will likely remain central influences on approval trajectories through the June 30, 2027 horizon.