US, Aug 04 : President Donald Trump’s approval rating has slipped to 35%, while Democrats have emerged with a slight lead over Republicans on economic issues, according to the latest Reuters/Ipsos survey. The findings suggest that inflationary pressures and rising fuel costs are influencing public opinion as the United States moves closer to the November congressional elections.
The nationwide poll, conducted between Wednesday and Monday, found that 37% of registered voters believe Democrats are better equipped to manage the US economy, compared with 36% who favoured Republicans. Another 27% either remained undecided or believed another political party would perform better.
The result marks the first time in nearly a decade that Democrats have edged ahead of Republicans on one of the most important electoral issues. For years, Republicans maintained an advantage on economic management, including during Trump’s first administration, President Joe Biden’s tenure, and the early months of Trump’s current term.
Economic pressures reshape public opinion
The narrowing Republican advantage has coincided with growing concerns over household finances. Higher gasoline prices and increased living costs have become central issues for American voters, contributing to changing political attitudes.
Fuel prices have climbed sharply following the conflict involving Iran earlier this year, increasing transportation and daily living expenses for millions of Americans. The economic strain has placed additional pressure on the White House as voters assess the administration’s handling of inflation and affordability.
The Reuters/Ipsos survey also recorded a decline in Trump’s overall job approval, down from 37% in the previous poll. His current approval level stands close to the lowest recorded during his presidency, reflecting persistent public dissatisfaction across several policy areas.
Congressional race appears more competitive
The survey indicates Democrats currently hold an advantage in the race for Congress. About 42% of registered voters said they would support a Democratic candidate if elections were held today, while 37% preferred a Republican nominee.
Independent voters also leaned toward Democrats by a double digit margin, highlighting the growing importance of swing voters ahead of the midterms. With Republicans defending narrow majorities in both chambers, even modest shifts in public opinion could significantly influence the balance of power.
Political analysts note, however, that national polling does not necessarily predict congressional outcomes. Many House districts remain firmly aligned with one party, leaving only a limited number of highly competitive constituencies likely to determine control of Congress.
Trump rejects negative polling
President Trump has repeatedly questioned the credibility of public opinion surveys that show declining support for his administration. Ahead of the release of the Reuters/Ipsos findings, he asserted on his Truth Social platform that his own internal polling reflected stronger public backing than media-sponsored surveys.
Despite those claims, the latest poll paints a picture of increasing voter concern over economic conditions and cost-of-living challenges. The survey gathered responses from 4,505 American adults nationwide and carries a margin of error of plus or minus two percentage points.
With only months remaining before voters head to the polls, economic performance is expected to remain the defining issue shaping campaign strategies for both major political parties.