Independent voters’ approval of Trump’s handling of inflation falls to negative 70 percentage points, marking a 79-point swing since late 2024.
Independent voters’ approval of President Trump’s economic performance has plunged to negative 70 percentage points, a 79-point drop since late 2024. The shift erases a 9-point lead over Vice President Kamala Harris on inflation among this group, raising concerns about voter sentiment ahead of future elections.
The decline coincides with a surge in fuel prices tied to the Middle East conflict. Crude oil prices have risen roughly 40% since the Iran war began and the Strait of Hormuz was shut, amplifying inflationary pressures. Analysts note such sharp swings in approval are rare among unaffiliated voters.
Higher energy costs are expected to feed through to broader consumer prices, further straining household budgets. The Bank of England has warned of indirect inflationary effects as firms pass on increased expenses.