According to the latest CNBC All-America Economic Survey, U.S. President Donald Trump's economic approval rating has fallen to a historic low as the midterm elections approach. The survey found that 80% of Americans believe the current economic situation is "fair or poor," the highest proportion since December 2023. Donald Trump's net economic approval rating dropped to -31%, the lowest level of his two terms, with 34% of respondents approving and 65% disapproving.