Since taking office again in January of last year, President Donald Trump’s standing with the American people has been progressively declining. While some of this is common for American presidents serving second terms, Trump’s initial dip also reflects the public’s continued discontent with high costs of living and prices, which have helped Democrats win an increasing number of races in the previous year.
Democrats performed 13% better on average in disputed special elections in 2025 than they did in the same districts during the 2024 presidential election, according to statistics from the election research website The Downballot. These economic worries have only been made worse by the conflict in Iran.
At the beginning of his second administration, 43% of Americans supported Trump’s economic policies, according to polling firm Ipsos. The percentage fell to 35% by June 23, 2025, and remained there for the remainder of the year.
The figure below shows how petrol prices have increased to an average of almost $4 per gallon three weeks into the Iran war. During Joe Biden’s four years in the White House, when Americans were dealing with a jump in inflation following the COVID-19 pandemic, that was lower than any figure he had ever set.
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