Iran War Hurting Trump? Democrats Overtake Republicans On Economy For First Time In A Decade
English NewsNewsWorldIran War Hurting Trump? Democrats Overtake Republicans On Economy For First Time In A DecadeA survey has found that Americans now trust Democrats more than Republicans to manage the US. . .
English NewsNewsWorldIran War Hurting Trump? Democrats Overtake Republicans On Economy For First Time In A DecadeA survey has found that Americans now trust Democrats more than Republicans to manage the US economy for the first time in nearly a decade. Written By :Ayesha Fatima| Updated at : 04 Aug 2026 07:21 AM (IST)A survey showed President Donald Trump's approval rating slipping to 35%, down from 37% last month. Show Quick ReadKey points generated by AI, verified by newsroomPoll reveals Democrats lead Republicans on economic management. President Trump's approval rating declined to 35 percent. Iran conflict, soaring fuel prices, shape public opinion. Americans now view the Democratic Party as better equipped to manage the U. S. economy than the Republicans for the first time in nearly a decade, according to a Reuters/Ipsos poll that also found President Donald Trump's approval rating slipping to 35%. The survey, conducted from Wednesday through Monday, suggests that concerns over the economy, including rising energy prices linked to the ongoing Iran war, could weigh heavily on Republican prospects in the November midterm elections, which will decide control of Congress for the next two years. The findings point to growing economic anxiety among voters as the conflict with Iran continues, with soaring fuel costs emerging as a key issue influencing public opinion. ALSO READ |Trump Warns Iran Of 'Last Chance' Deal As Tehran Denies Any NegotiationsTrump's Approval Rating Continues to DeclineTrump's job approval rating dropped to 35%, down from 37% in the previous Reuters/Ipsos poll conducted last month. The latest figure leaves his approval just one percentage point above the lowest level recorded during his presidency. The poll also found a narrow shift in voter confidence on economic management. Around 37% of registered voters said the Democratic Party had a better approach to the U. S. economy, while 36% backed the Republican Party. Another 27% said they were unsure or believed another political party would perform better. The result marks a significant change after Republicans maintained an advantage on the economy through most of Trump's first term between 2017 and 2021, throughout former President Joe Biden's administration, and into Trump's second term. Economic Advantage Shifts Towards DemocratsReuters noted that the last time Democrats held an advantage on the economy was in a poll that concluded in May 2017. However, that survey used a different methodology and did not offer respondents the option of selecting "not sure" or another political party. During Trump's current term, the Republican Party's lead on economic issues has steadily eroded before disappearing in recent months. The shift comes as many Americans continue to face financial pressure, with household budgets affected by sharply higher fuel costs since the outbreak of the Iran conflict. ALSO READ |Pakistan Blocks Al Jazeera, News Websites Amid PoK Protest Coverage: ReportIran Conflict and Fuel Prices Shape Public OpinionAccording to the report, U. S. gasoline prices have climbed by more than 25% since the war began following the U. S. -Israeli strikes on Iran in February. On average, Americans are now paying more than one dollar extra per gallon at fuel stations. Trump has defended the military action, saying he authorised the strikes to dismantle Iran's nuclear programme, reduce its ability to attack regional rivals and create conditions for Iranians to overthrow the country's clerical leadership. However, the prolonged conflict and the resulting rise in energy prices appear to be influencing public sentiment, with the Reuters/Ipsos poll indicating a growing preference for Democrats on one of the issues that has traditionally favoured Republicans. Before You GoBIG COUNTING: Prashant Kishor Extends Lead in Bankipur Bypoll After Seventh RoundFrequently Asked QuestionsHow do Americans currently view the Democratic Party's ability to manage the economy?Americans now view the Democratic Party as better equipped to manage the U. S. economy than Republicans. This marks the first time in nearly a decade, with 37% favoring Democrats over 36% for Republicans. What is President Trump's current approval rating?President Trump's approval rating has slipped to 35%, according to a recent Reuters/Ipsos poll. This figure is just one percentage point above the lowest level recorded during his presidency. What factors are contributing to economic anxiety among voters?Economic anxiety is driven by concerns over the economy, particularly rising energy prices. Soaring fuel costs, up over 25% since February, are linked to the ongoing Iran war. Ayesha Fatima is a Senior Copy Editor atABP Live Englishcovering politics, national developments and global affairs. She brings clarity, curiosity and a reader-first approach to every piece she writes. She holds a Master’s degree in Convergent Journalism from Jamia Millia Islamia. For any tips and queries, you can reach out to her atayeshaf@abpnetwork. com. Read MorePublished at : 04 Aug 2026 07:21 AM (IST)Breaking News, Anytime, Anywhere - Download ABPLIVE onAndroidandiOSnow!VideosPhoto GalleryTrending OpinionNayanima BasuOpinion