Trump approval rating sinks to 40%, the lowest of his term
Listen to article
US President Donald Trump's approval rating dropped one percentage point to 40%, the lowest level of his second term in office, as Americans remained concerned about his handling of the economy and immigration, a Reuters/Ipsos poll found.
The three-day poll, which closed on Monday, surveyed 1,023 US adults nationwide and had a margin of error of 3 percentage points. It showed a nation deeply polarized over Trump, with 83% of Republicans and just 3% of Democrats approving of his performance. About one-third of independents approved.
Trump had a 41% approval rating in Reuters/Ipsos' most recent prior poll, conducted on July 15 and 16.
The Republican campaigned on promises to supercharge the US economy and crack down on immigration, and the poll found that Americans gave him mixed marks on both those areas, where his administration is using aggressive tactics.
Some 38% of respondents approved of Trump's handling of the economy, up from 35% approval in the mid-July poll. His numbers were also up slightly on immigration, with 43% of respondents approving, compared with 41% in the earlier poll.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
7 minutes ago
- Business Recorder
India bonds fall tracking rupee, Fed policy eyed
MUMBAI: Indian government bonds declined on Wednesday, hurt by a sliding rupee that fell the most in nearly three months, while traders braced for the Federal Reserve's policy later in the day. The yield on the benchmark 10-year bond settled at 6.3700% against Tuesday's close of 6.3589%. Bond yields move inversely to prices. 'Focus is now on the rupee and the U.S. Fed meet, where the commentary is expected to be dovish,' said Umesh Tulysan, managing director at Delhi-based Sovereign Global Markets. Market sentiment soured as the rupee hit a five-month low, after U.S. President Donald Trump said on Tuesday that a trade deal with India has not been finalised yet, and higher tariffs were possible. Reuters reported on Tuesday that India was preparing to accept higher tariffs of 20%-25% on its exports to the U.S. in the absence of a trade deal, as it holds off on offering fresh concessions ahead of Friday's deadline. Meanwhile, with the Fed widely expected to keep rates unchanged, traders will closely watch Chair Jerome Powell's remarks to gauge the rate cut trajectory and its local implication. India bonds inch up before state debt supply, US rate decision Recent commentary by the Reserve Bank of India chief has also led to trimmed bets of rate cuts in India. 'Uncertainty remains on the timing of the rate cut, whether it's in August or October. We continue to see greater chances of an October cut as there will be clarity on food inflation with monsoon season complete,' IDFC First Bank said in a note. Rates India's overnight index swap rates edged lower, as receiving bias continued, while trading volumes were muted. The one-year OIS rate dropped 1 basis point to 5.50%, and the two-year OIS rate was down 2 basis points at 5.48%. The liquid five-year OIS rate settled little changed at 5.72%.
Business Recorder
16 minutes ago
- Business Recorder
Oil prices fall on profit-taking as market weighs up supply risks
LONDON: Oil prices fell nearly 1% on Wednesday as investors awaited developments on U.S. President Donald Trump's tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil. The most active Brent crude futures lost 68 cents, or 0.95%, to $71 a barrel by 1103 GMT while U.S. West Texas Intermediate crude slipped by 70 cents, or 1%, to $68.51. The Brent crude September contract that expires on Wednesday was down 69 cents, or 0.95%, at $71.82. Both contracts had settled on Tuesday at their highest since June 20. 'Events in the last few days have moved the needle a touch more, but we still appear to be somewhat rangebound and testing the next resistance level,' said Rystad Energy analyst Janiv Shah. Trump had said on Tuesday that he would start imposing measures on Russia, such as secondary tariffs of 100% on trading partners, if it did not make progress on ending the war within 10 to 12 days, moving up from an earlier 50-day deadline. The United States also warned China, the largest buyer of Russian oil, that it could face huge tariffs if it kept buying, Treasury Secretary Scott Bessent told a news conference in Stockholm. JP Morgan analysts wrote that while China was unlikely to comply with U.S. sanctions, India has signalled it would do so, which could affect 2.3 million barrels per day (bpd) of Russian oil exports. 'Oil prices reacted strongly yesterday, so there is some profit booking,' said UBS commodity analyst Giovanni Staunovo, adding that data from the American Petroleum Institute from Tuesday was also bearish for crude. 'Market participants are also taking into account that low prices and secondary sanctions/tariffs on Russia won't work at the same time.' U.S. crude and distillate stocks rose last week while gasoline inventories fell, market sources said, citing API data. 'Depending on the outcome of the U.S.-Russia discussions, tariff implementation and the OPEC+ meeting and announcement on unwinding (of output cuts), the market could see some movement,' Rystad's Shah added.
Business Recorder
37 minutes ago
- Business Recorder
Bangladesh to buy 220,000 tons wheat from US in bid to cool tariffs, official says
DHAKA: Bangladesh's government has approved the purchase of about 220,000 metric tons of wheat from the United States as part of efforts to cool U.S. trade tensions and reduce steep import tariffs imposed by the Trump administration, a Dhaka official said on Wednesday. Bangladesh has approved the purchase from the United States under a government-to-government deal at a price of $302.75 per ton, the food ministry official said. It will be supplied by a Singapore-based trading house. Earlier in July, Bangladesh signed a memorandum of understanding to import 700,000 tons of wheat annually from the United States over the next five years. Highnoon Labs partners with Bangladesh's Beximco to target high-burden diseases in Pakistan On July 27, Bangladesh also ordered 25 aircraft from Boeing and ramped up imports of key American goods in an effort to defuse trade tensions. A Bangladesh government delegation is holding trade talks in the United States this week, officials in Dhaka said.
