Concerns over the economy and Iran impact Trump's approval ratings.

As the Iran war has pushed the global economy into an oil crisis andgas prices reach a four-year high, Americans' ratings of President Donald Trump on several issues are deeply underwater with majorities disapproving of how he is handling every issue measured, according to anABC News/Washington Post/Ipsos poll conducted using Ipsos' KnowledgePanel.

Despite strongly negative headwinds for Trump and his party, Democrats are leading but not running away with the midterm elections at this point.

Trump's approval rating has dipped to 37%, the lowest of this presidential term, and his 62% disapproval rating is a record high over both presidential terms.

The poll finds Trump is also underwater on managing every issue measured, as two-thirds of Americans say the country is headed in the wrong direction and Democrats' midterm lead over Republicans has increased slightly to 5 points.

Trump's approval rating has ticked down slightly from 39% inFebruaryto 37% and his disapproval has notched up slightly from 60% to 62%, similar to his ratings upon leaving office for his first term, shortly after the Jan. 6, 2021, attack on the U.S. Capitol building by violent pro-Trump supporters.

Trump's overall approval rating is buoyed by his party's faithful. Fully 85% of Republicans approve of Trump, a figure that has not budged much in his second term. But the share of Republicans who strongly approve of Trump has dropped. Currently, 45% of Republicans strongly approve of Trump, down from 53% inSeptemberand the lowest among Republicans across both terms.

Among MAGA Republicans, 95% approve overall, including 61% who approve strongly. Overall approval falls to 64% among non-MAGA Republicans with just 13% of non-MAGA Republicans approving strongly. MAGA Republicans are self-described supporters of the MAGA movement and make up 66% of the Republican Party, according to this poll.

Trump's approval rating among independents has dropped to a record low for both of his terms. Just 25% approve of the job he is doing overall, down from 30% in October and higher in his first term.

About three-quarters of Americans disapprove of how Trump is handling the cost of living in the U.S. (76%) with just about a quarter approving (23%). Nearly as many disapprove of how he's handling inflation (72%), up from 65% who disapproved in February. Under 3 in 10 approve of how Trump is handling inflation. In his campaign for president, Trump repeatedly promised to lower costs for Americans.

Source: Drudge Report