Donald Trump's Net Approval Among Republicans Falls 8 Points—New Poll

President Donald Trump's net approval rating among Republicans has dropped by 8 percentage points in the past month, according to a new Financial Times/Focaldata poll. This trend coincides with indications that some GOP voters are becoming disenchanted with the economy and the rising cost of living. The poll revealed that over 53% of registered voters expressed they were financially worse off since Trump's return to the White House in January 2025, with nearly 57% of independents and nearly a quarter of Republicans sharing this sentiment.

Conducted from August 7-10 among 1,913 registered voters, the survey also indicated that 55% disapproved of Trump's performance as president. Among Republicans, the net approval rating, which measures the difference between approval and disapproval, fell by 8 percentage points from the previous month. Sixty-four percent disapproved of Trump's handling of inflation and the cost of living, with nearly seven in ten independents and about one-third of Republicans expressing this opinion.

Furthermore, nearly two-thirds of respondents believed the economy was moving in the wrong direction. In response to these economic concerns, Representative Don Bacon, a Nebraska Republican, criticized Trump for not effectively communicating his understanding of voters' economic struggles. Trump has continued to claim that many economic issues were inherited from former President Joe Biden and highlighted tax cuts, manufacturing investment, and decreases in some consumer prices as evidence of his policies' success.

Nonetheless, the poll suggests Republicans may face a challenging situation as they defend Trump's economic record while addressing voters' continuing concerns about affordability just before the November elections.