Trump’s approval rating has hovered between 34% and 42% in recent polling aggregates as of early September 2026, reflecting steady erosion since the start of his second term. Persistent voter dissatisfaction with the economy, cost of living, and inflation—exacerbated by fuel price spikes tied to the ongoing Iran conflict that began in February 2026—remains the dominant driver. Trade measures, including new tariffs, have further weighed on sentiment among independents and some Republicans. Midterm elections scheduled for November 2026 could produce additional polling volatility or policy shifts that influence ratings before year-end. Historical patterns show second-term presidents often see limited rebounds absent major positive developments on pocketbook issues or foreign policy resolution.