Trump's Approval Rating Is Tanking in Just About Every Category
Once again, new polling has President Trump's approval rating underwater on nearly every single issue.
Just weeks after multiple polls showed him tanking with Americans everywhere—and young people in particular—data from Verasight U.S. for Strength In Numbers makes it clear that those numbers didn't lie.
The poll, conducted between May 1 and May 6 with 1,000 adults, showed that 56 percent disapprove of the overall job that Trump is doing as president. Trump is also sitting on multiple net negatives. He is -32 on inflation and -17 on jobs and the economy, policies that were central to the promises he made in his reelection campaign. He is -16 on foreign policy and -15 on education.
The only exception was border security, where 52 percent approved of his signature policy. But on immigration more broadly, 49 percent still disapprove of the president compared to 47 percent who approve.
While each poll has its own level of bias and margin of error, multiple polls have shown the president to be in dire straits, especially with young people, independents, and Latino people—groups that were absolutely crucial to his victory last November. Even as Trump's numbers remain robust among conservative voters (around 72 percent according to Verasight) these early patterns certainly raise questions regarding how his reputation will impact critical downballot races in the 2026 midterm elections.

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San Francisco Chronicle
6 minutes ago
- San Francisco Chronicle
NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all
THE HAGUE, Netherlands (AP) — NATO leaders are expected to agree this week that member countries should spend 5% of their gross domestic product on defense, except the new and much vaunted investment pledge will not apply to all of them. Spain has reached a deal with NATO to be excluded from the 5% of GDP spending target, while President Donald Trump said the figure shouldn't apply to the United States, only its allies. In announcing Spain's decision Sunday, Prime Minister Pedro Sánchez said the spending pledge language in NATO's final summit communique — a one-page text of perhaps half a dozen paragraphs — would no longer refer to 'all allies.' It raises questions about what demands could be insisted on from other members of the alliance like Belgium, Canada, France and Italy that also would struggle to hike security spending by billions of dollars. On Friday, Trump insisted the U.S. has carried its allies for years and now they must step up. 'I don't think we should, but I think they should,' he said. 'NATO is going to have to deal with Spain.' Trump also branded Canada 'a low payer.' NATO's new spending goals The 5% goal is made up of two parts. The allies would agree to hike pure defense spending to 3.5% of GDP, up from the current target of at least 2%, which 22 of the 32 countries have achieved. Money spent to arm Ukraine also would count. A further 1.5% would include upgrading roads, bridges, ports and airfields so armies can better deploy, establishing measures to counter cyber and hybrid attacks and preparing societies for future conflict. The second spending basket is easy for most nations, including Spain. Much can be included. But the 3.5% on core spending is a massive challenge. Last year, Spain spent 1.28% of GDP on its military budget, according to NATO estimates, making it the alliance's lowest spender. Sánchez said Spain would be able to respect its commitments to NATO by spending 2.1% of GDP on defense needs. Spain also is among Europe's smallest suppliers of arms and ammunition to Ukraine, according to the Kiel Institute, which tracks such support. It's estimated to have sent about 800,000 euros ($920,000) worth of military aid since Russia invaded in 2022. Beyond Spain's economic challenges, Sánchez has other problems. He relies on small parties to govern and corruption scandals have ensnared his inner circle and family members. He is under growing pressure to call an early election. Why the spending increase is needed There are solid reasons for ramping up spending. The Europeans believe Russia's war on Ukraine poses an existential threat to them. Moscow has been blamed for a major rise in sabotage, cyberattacks and GPS jamming incidents. European leaders are girding their citizens for the possibility of more. The alliance's plans for defending Europe and North America against a Russian attack require investments of at least 3%, NATO experts have said. All 32 allies have endorsed these. Each country has been assigned 'capability targets' to play its part. Spanish Foreign Minister José Albares said Monday that 'the debate must be not a raw percentage but around capabilities.' He said Spain 'can reach the capabilities that have been fixed by the organization with 2.1%.' Countries much closer to Russia, Belarus and Ukraine all have agreed to reach the target, as well as nearby Germany, Norway, Sweden and the Netherlands, which is hosting the two-day summit starting Tuesday. The Netherlands estimates NATO's defense plans would force it to dedicate at least 3.5% to core defense spending. That means finding an additional 16 billion to 19 billion euros ($18 billion to $22 billion). Setting a deadline It's not enough to agree to spend more money. Many allies haven't yet hit an earlier 2% target that they agreed in 2014 after Russia annexed Ukraine's Crimean Peninsula. So an incentive is required. The date of 2032 has been floated as a deadline. That is far shorter than previous NATO targets, but military planners estimate Russian forces could be capable of launching an attack on an ally within five to 10 years. The U.S. insists it cannot be an open-ended pledge and a decade is too long. Still, Italy says it wants 10 years to hit the 5% target. The possibility of stretching that period to 2035 also has been on the table for debate among NATO envoys. An official review of progress could also be conducted in 2029, NATO diplomats have said. ___ Suman Naishadham in Madrid contributed to this report.


Bloomberg
12 minutes ago
- Bloomberg
What's Next After the Initial Fallout from US Strikes on Iran
What's next? The unprecedented US airstrikes on Iran have set traders and governments worldwide on edge, as the Islamic Republic warns of retaliation and Israel shows no sign of letting up in its assault. Asian currencies and stocks fell, European stock futures declined while oil advanced, then erased gains, after Washington struck Iran's nuclear sites over the weekend. China and Pakistan were quick to condemn — even though China hasn't yet offered substantial assistance to Tehran besides rhetorical support and Pakistan is at the same time taking steps to build stronger ties with the White House. The US State Department issued a ' Worldwide Caution ' alert for Americans. More critically, President Donald Trump's decision to deploy bunker-busting bombs — in Washington's first direct military action against Iran after decades of hostility — has pushed the Middle East into uncharted territory. Did the end justify the means? While the US attacks have set back Iran's nuclear ambitions and dealt its clerical regime a humiliating blow, the program hasn't been completely destroyed. The move may ultimately lead Tehran to end international monitoring of its nuclear program and consider going ahead to develop a bomb. Supreme Leader Ayatollah Ali Khamenei hasn't been seen in public in 11 days but remains in control. Even as diplomatic allies Russia and China have stayed on the sidelines and its network of armed proxies in the region remains weakened, Tehran still has ways to inflict pain on the US as it plans its retaliation. Two supertankers, each capable of hauling about 2 million barrels of crude, U-turned in the Strait of Hormuz after the US airstrikes on Iran raised the risk of a response that would ensnare commercial shipping in the region, according to vessel tracking data compiled by Bloomberg. The two empty freighters then sailed south, away from the mouth of the Persian Gulf. The turning oil carriers offer the first signs of re-routing, something that oil traders will scrutinize. Any disruption to traffic through the strait, a major artery for global crude and natural gas, raises the specter of a spike in energy prices. That's bad news for Asia, which buys more than four-fifths of all the crude produced in the Middle East, 90% of which goes through the Strait of Hormuz.


CNBC
18 minutes ago
- CNBC
Treasury yields inch higher after U.S. bombs Iran
U.S. Treasury yields inched higher on Monday after the U.S. bombing of Iran and as investors awaited a batch of key economic data this week. At 5:25 a.m. ET, the 10-year yield was more than 1 basis point higher at 4.387%, and the 30-year yield moved over 1 basis point higher to 4.903%. The 2-year yield also added 1 basis point to reach 3.918%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. Investors are on high alert after the U.S. entered the war between Israel and Iran on Saturday by attacking Iranian nuclear sites in Fordo, Natanz and Isfahan. "There will be either peace, or there will be tragedy for Iran far greater than we have witnessed over the last eight days. Remember, there are many targets left," Trump said from the White House after the strikes. Investors, who were formerly expecting diplomacy, are now bracing for Iran's retaliation. That could include targeting U.S. personnel in nearby bases or closing the Strait of Hormuz, which would disrupt global oil flows. Iran's Foreign Minister Abbas Araghchi said on social media that the U.S. attacks would have "everlasting consequences," and that "every member of the United Nations must be alarmed over this extremely dangerous, lawless and criminal behavior." Deutsche Bank analysts said in a note, "In terms of the economic impact, the US has turned into a net energy exporter in the last few years so any negative impact would be through deteriorating financial conditions or through higher for longer rates as the Fed have another reason to delay cuts." Investors will also await a series of economic data this week, including existing home sales data for May on Monday, gross domestic product growth rate on Thursday, and the personal consumption expenditures index on Friday.