Trump's Approval Rating Hits Record Low: Impact on U.S. Economy and Political Turmoil

U.S. President Donald Trump's approval rating has plummeted over the past three weeks, with his net approval dropping to a record low of -20.6, according to Nate Silver's Silver Bulletin. This marks a significant decline from his first term, where he held a 33% approval rating, now closely mirroring former President Joe Biden's 36% approval in July 2022.

Criticism of Trump's Iran War and Economic Policies

■Trump's approval for managing the Iran War has fallen from 71% to 61%.

■Only 23% of Americans support continuing military action against Iran.

■A 62% disapproval rating was recorded on the economy, with 48% believing the U.S. economy has worsened.

Democratic Rise and Trump's Political Standing

■Emerson College polling shows Democrats with an 11-point advantage in congressional elections.

■42% of voters say they will vote against Trump, while only 22% say they will vote for him.

■Trump's renovations in Washington, D.C., including the White House ballroom, have an 88% disapproval rating among Democrats, with only 22% approval.

Economic Crisis and Market Implications

■CNBC polling shows 61% of Americans are pessimistic about the economy.

■Gas prices have risen by 59% since the start of the Iran War.

■43% believe they are worse off financially than when Joe Biden was president.

The deepening political and economic crisis in the U.S. is beginning to impact European markets. The ECB's interest rate path and Eurozone inflation are becoming more sensitive to these tensions, while the U.S.'s continued military engagement in Iran could intensify global trade conflicts.