President Trump’s initial electoral success was built on an expansive coalition, drawing support from a diverse range of voters, including traditionally Democratic-leaning demographics. However, recent polling data indicates a significant erosion of this support base, raising concerns for the Republican party’s prospects in upcoming elections.

The latest economic survey reveals a notable downturn in President Trump’s approval ratings among crucial voter segments. Specifically, his net approval among Latino voters has fallen from -22 at the start of his second term to -38. Similarly, the 18- to 34-year-old demographic has seen a sharp decline, with approval dropping from -28 to -53. Even among Black respondents, approval has decreased from -55 to -67. Overall, the president’s net approval among all registered voters has slipped from -7 to -19.

This decline extends to the core of his support. While self-identified Trump voters still show high approval (net +65, down from +85 in 2025), and MAGA movement adherents remain strong (90% approval), there are signs of waning enthusiasm. Republican interest in the upcoming midterm elections is reportedly 10 points lower than that of Democrats, a critical factor in close races. Furthermore, net approval has turned negative in the South, a region that previously showed a slight positive approval (+2 in 2025) but now registers at -20.

The survey also highlights growing voter concerns regarding economic issues and presidential power. A significant portion of respondents (44%) worry about President Trump potentially overstepping his constitutional authority if Republicans maintain control of Congress. Conversely, 28% express concern about the Democratic party enacting policies aligned with Democratic Socialists. A shared concern across the political spectrum is the perceived inaction on lowering prices.

President Trump’s economic approval ratings have also faced significant headwinds. After leaving office with a generally positive economic outlook, his second-term approval quickly turned negative. The launch of the Iran war appears to have coincided with a steep decline in economic approval, reaching levels not seen since the pandemic era. In the first quarter of the current year, his net economic approval dropped 10 points to -21, and has since fallen further to -31, with disapproval reaching 65% – the highest recorded for any president measured by CNBC since Barack Obama. Disapproval of his handling of inflation and recent events involving Immigration and Customs Enforcement officers have further eroded public confidence.

Key Takeaways

• President Trump's approval ratings have significantly declined among key demographic groups, including Latino voters and young adults.
• Waning enthusiasm among Republican voters and a negative approval rating in the South signal potential challenges for the party in upcoming elections.
• Voter concerns about the economy, inflation, and presidential overreach are prominent, impacting Trump's overall and economic approval ratings.

Editor’s Analysis & Impact

The declining approval ratings among crucial voter blocs and within his own base suggest a potential shift in the political landscape. The erosion of support from Latino and young voters, who were instrumental in his 2024 victory, indicates that the coalition that propelled him to office is becoming less stable. The dip in economic approval, exacerbated by concerns over inflation and foreign policy events, presents a significant challenge. While Trump’s core supporters remain loyal, the broader electorate appears increasingly concerned about his leadership and economic stewardship. This trend could have substantial implications for the Republican party’s performance in the upcoming midterms and beyond, potentially forcing a strategic re-evaluation of their outreach and policy focus.

Frequently Asked Questions

Q: Which demographic groups have shown the most significant drop in approval for President Trump?
A: The most significant drops in approval have been observed among Latino voters, whose net approval has fallen from -22 to -38, and among 18- to 34-year-olds, with approval declining from -28 to -53. Black respondents also showed a decrease from -55 to -67.

Q: What are the main concerns voters have regarding the upcoming elections?
A: Voters express significant concern about President Trump potentially exceeding his constitutional powers if Republicans control Congress (44%). There is also worry about the Democratic party enacting policies associated with Democratic Socialists (28%). A widespread concern across the political spectrum is that Congress will not adequately address the issue of rising prices.

Q: How has President Trump's economic approval rating changed during his second term?
A: President Trump's economic approval rating has seen a substantial decline. After starting his second term with a negative rating, it worsened significantly, particularly after the launch of the Iran war. In the first quarter of the current year, his net economic approval dropped to -21 and has since fallen to -31, with disapproval reaching 65%, the highest recorded by CNBC since Barack Obama.