President Trump's approval ratings have declined to second-term lows of 36-42% in recent national polls from outlets like Reuters/Ipsos, Quinnipiac, and CNN, reflecting trader consensus on deepening public dissatisfaction. The primary driver is the ongoing U.S. war with Iran, which has fueled gasoline price surges—with 65% of voters blaming Trump—and broader inflation concerns, cratering his economic approval to historic lows around 31%. Even Republican support has eroded, with net approval dropping sharply among his base and key demographics like young voters and Latinos. No major scheduled events loom in late April, but escalation in Iran, economic data releases, or policy responses could push ratings lower before the month's end.