The survey by The Associated Press-NORC Centre for Public Affairs Research shows Trump’s economic approval rating fell to 30% in April, down from 38% a month earlier.

His overall job approval also slipped to 33%.

The findings highlight growing frustration among Americans over inflation and a prolonged conflict involving Iran, which has contributed to volatility in global energy markets.

Public approval of Trump’s handling of Iran stands at 32%, unchanged from March.

The poll was conducted between April 16 and 20, a period marked by instability in the Strait of Hormuz, which was briefly reopened and then shut again, underscoring the unpredictability of the crisis.

Trump, who had pledged to bring down gasoline prices, has faced criticism as fuel costs surged following US strikes on Iran earlier this year.

He has downplayed the economic impact of the conflict, recently describing it as a “little journey” and expressing surprise that oil prices had not risen further.

Only about one-quarter of Americans approve of his handling of the cost of living, making it one of his weakest areas.

Inflation, measured by the consumer price index, rose 3.3% in March compared with a year earlier.

The poll also points to softening support within Trump’s own party.

While a majority of Republicans still back his economic policies, approval has dropped to 62%, down from 74% in March.

Among independents, approval remains low at around 20%.

Younger Republicans appear particularly dissatisfied, with a majority under 45 disapproving of Trump’s approach to living costs.

However, support remains strong among core supporters aligned with his Make America Great Again movement.

Broader sentiment about the US economy has also deteriorated.

Around three-quarters of Americans now describe economic conditions as poor, reflecting continued uncertainty in financial markets and rising fuel costs tied to the conflict.

Despite the decline, immigration remains a relative strength for Trump, with about 40% of Americans approving of his handling of the issue.

The drop in approval could pose challenges for Republicans ahead of the upcoming midterm elections, as the party seeks to defend its congressional majorities.