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Trump Approval Rating Plunges From Post-Inauguration High Amid Power Tripping Concerns

Trump Approval Rating Plunges From Post-Inauguration High Amid Power Tripping Concerns

Trump's approval rating is down to 42% from a 47% high after his inauguration
Only 45% approve of his handling of the economy
83% of the respondents believe Trump should abide by court rulings even if he disagrees with them
59% of the surveyed said the US is beginning to lose credibility in the global stage
More than half believe Trump shouldn't attempt to run for presidency a third time
President Donald Trump's approval rating has plunged and his disapproval rating hasn't moved from earlier figures, a new Reuters-Ipsos poll revealed, highlighting the changing tone of American voters over the president's recent actions.
Trump has been waging a global trade war in recent weeks even with multiple warnings from economic experts that it will only hurt financial markets and American consumers. Trump's Approval Rating Sees Multi-Point Dip
From an approval rating of 47% in the aftermath of his inauguration in January, Trump's approval rating has dropped to 42%, which is also 1 percentage point lower than his approval rating from last month's poll.
His disapproval rating remained at 53%, the same as the previous month, but is notably higher than an earlier poll at 51%.
In terms of his handling of the economy, more than half of the respondents (51%) disapproved, which is at least a percentage point lower than the previous poll.
On immigration, Trump's approval rating continues to slide and this time, there is a multi-point plunge from the previous poll's 48% to 45%. Americans Becoming Uncomfortable With Trump's Actions
It appears more Americans are becoming uncomfortable with Trump's defiant stance over some federal court rulings.
The poll revealed that some 83% of over 4,000 respondents said the U.S. president should "obey court orders he disagrees with."
Trump has had run-ins with court orders in recent weeks, including over the Elon Musk-led Department of Government Efficiency's (DOGE) federal downsizing and the president's takeover of the Kennedy Center.
Notably, 73% of the respondents who believed in the notion were Republicans.
One of the biggest takeaways from the poll is the finding that some 59% of the respondents – a third of Republicans included – believe that the United States has started to lose credibility on the global stage.
Finally, some 53% of the respondents, a majority of them Republican supporters, said the aged president should refrain from seeking a third term.
The latest poll's results mirror similar sentiments in a mid-March NBC News poll that found American voters were starting to feel that the U.S. is no longer headed in the right direction under Trump.
In the said poll, 53% of the respondents disapproved of Trump's foreign policies and 54% of those surveyed also disapproved of his economic decisions.
Another poll last week found that more Americans trust Democrats in Congress over their GOP counterparts when it comes to handling the economy (46% to 43%).
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Iran keeps Strait of Hormuz open, despite blockade threat – DW – 06/25/2025
Iran keeps Strait of Hormuz open, despite blockade threat – DW – 06/25/2025

DW

time18 minutes ago

  • DW

Iran keeps Strait of Hormuz open, despite blockade threat – DW – 06/25/2025

Tehran said it may shut the Strait of Hormuz, a key maritime trade route, in retaliation for recent attacks on its nuclear facilities. How come it has not gone through with the blockade? For a few days, the world held its breath. It seems the conflict between Israel, the US and Iran is not going to escalate any further, at least for now. Iran opted to save face by launching an attack on a US military base in Qatar, which the stock market interpreted as a de-escalatory gesture. This retaliatory strike by Tehran was "loud enough for headlines, quiet enough not to shake the oil market's foundations," Stephen Innes of SPI Asset Management commented to Reuters. Immediately after the strike on Monday evening, the oil price fell again sharply. And yet Iran holds a powerful trump card. It could do immense damage to the global economy by blockading the Strait of Hormuz. But would this really be to its advantage — or would it be more of an own goal? The US Energy Information Administration (EIA) says that "Iran's economy is relatively diversified compared with many other Middle Eastern countries." However, the goods produced by the country's industry are primarily sold on the domestic market. The export of oil and petroleum products is therefore an important source of income for the government. These constitute more than 17% of the country's total exports, with natural gas at 12%. According to the EIA, Iran was the fourth-largest producer of crude oil among the OPEC countries in 2023, and in 2022 it was the world's third-largest producer of dry gas (natural gas that is at least 85% methane, containing only negligible quantities of condensable gases such as hydrogen). Although it has been subject to sanctions for many years, this has not prevented the Iranian regime from exporting oil. China in particular has benefited: In 2023, it took almost 90% of the oil exported by Iran. In March 2024, the Financial Times quoted Javad Owji, Iran's Minister of Petroleum at the time, saying that Iran's oil exports "generated more than 35 billion dollars" in 2023. According to the World Bank, between April and December 2023 the oil sector represented more than 8% of Iran's GDP. And based on estimates from the data analysis company Vortexa, it is believed to have exported even more the following year. Iran would therefore damage itself if it blocked the Strait of Hormuz. Not only would its own oil revenue be affected, it would also upset its trading partner China, which profits from buying the oil at low cost. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The London-based TV station Iran International estimates that Tehran sells its oil at a 20% discount on the world market price, because its buyers risk getting into trouble on account of the US sanctions. The broadcaster explained that Chinese refineries are the biggest buyers of Iran's illegal consignments of oil. Intermediaries mix it with deliveries from other countries, and the oil is then declared in China as having been imported from Singapore or other countries of origin. According to Rystad Energy, an independent energy research company based in Norway, China imports a total of almost 11 million barrels of crude oil per day, around 10% of which comes from Iran. A blockade would also have caused trouble for Iran's neighbors. Kuwait, Iraq and the United Arab Emirates also transport their oil through the passage. In a post on Linkedin, the economist Justin Alexander, a Gulf region analyst, commented that if Tehran were to close the strait, this would "undermine remaining alliances" it still has with countries in the region. Whether Iran could actually maintain a blockade is also doubtful. Homayoun Falakshahi from the analytics firm Kpler told German TV that he believed a blockade would provoke a swift and forceful military response from both the US and European countries, and that Iran would only have been able to close the strait for a day or two. Furthermore, if Iran's economic situation were to deteriorate even further, it would go down very badly with the Iranian people. Djavad Salehi-Isfahani, professor of economics at Virginia Tech in the US, told DW that the standard of living in Iran had already dropped to the level of 20 years ago as a result of sanctions. These apply not only to the oil industry, but also to international payment transactions with Iran, which drives up inflation. This has been rising steeply since the beginning of the year, to more than 38.7% in May 2025 compared with May 2024. The combination of sanctions and the low exchange rate is making daily life ever more expensive for people in Iran.

Shifting To Asia, Rubio Meets Quad And Talks Minerals
Shifting To Asia, Rubio Meets Quad And Talks Minerals

Int'l Business Times

time25 minutes ago

  • Int'l Business Times

Shifting To Asia, Rubio Meets Quad And Talks Minerals

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Musk Boosts Jab at Trump After Suggesting DOGE 'Take a Hard Look' at SpaceX, Tesla Interests: 'Get Humiliated'
Musk Boosts Jab at Trump After Suggesting DOGE 'Take a Hard Look' at SpaceX, Tesla Interests: 'Get Humiliated'

Int'l Business Times

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  • Int'l Business Times

Musk Boosts Jab at Trump After Suggesting DOGE 'Take a Hard Look' at SpaceX, Tesla Interests: 'Get Humiliated'

Former Trump ally Elon Musk has voiced his agreement with one social media user's ridicule of President Donald Trump after the president took to social media to mock the Tesla CEO initially. Trump took to Truth Social on Monday to suggest that the Department of Government Efficiency (DOGE) look at whether or not types of activities and production conducted by Musk's companies were necessary. "Elon Musk knew, long before he so strongly Endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one," Trump began. "Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!" he continued. One X (formerly Twitter) user took to the online platform to mock Trump for his statements, defending Musk by reiterating SpaceX and Tesla's operational methods. "SpaceX's revenue is more than NASA's budget, and cutting EV subsidies would be actually better for Tesla," they wrote. "Go on, Trump, pull your stunt, get humiliated, and beg Russia to bring your astronauts back." The post was later boosted by Musk himself, who commented under it with two emojis. "💯😂," he responded. Social media users took to the replies of Musk's repost to voice their frustration at the continuing feud between two of the world's most powerful men. "He's lashing out and trying to hurt Elon by saying these things. He feels betrayed by Elon and he should. If Elon had issues he should have talked to Trump himself instead of posting it all over X like a little b****. Two grown a** men acting like 10-year-olds," one user said. "You are all committing autophagy among yourselves. Is this a deliberate theater? Because it is very clear that there is a parallel game board in all this!" another added. "You know his heart, Elon. Please don't take the bait," one user urged. "I'm disappointed in statements both from the Pres and Elon. But then I wonder is this real or is it another psychological chess move that they are both playing," another wrote. Originally published on Latin Times

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