The president’s approval rating among wealthier Americans has declined in recent months.
President Donald Trump’s approval rating among the richest Americans has fallen to its lowest point of his second term.
According to polling by The Economist/YouGov, Trump’s net approval rating among Americans with a yearly income of more than $100,000 was at -16 percentage points, down from -10 recorded in July. The previous nadir of -14 had been measured in April following the announcement of Trump’s « Liberation Day » tariffs.Why It Matters
Trump came into office with a strong net approval rating among this demographic— at + 6 with 49 percent approving of his job performance and 43 percent disapproving. Some high-profile billionaires like hedge fund managers Bill Ackman and Dan Loeb have since spoken out against Trump because of his tariffs policy.
If Trump loses the support of this demographic, it might affect the GOP’s chances of electoral success in the November 2026 midterm elections.
