President Donald Trump's approval rating has once again dropped to its lowest level of his second term, according to the latest Reuters/Ipsos poll released on Monday (August 18).

Trump is reported to have a 40% approval rating, which matched a previous low-point and was 7% down from the beginning of his second term, according to the six-day survey. Earlier this week, the president's approval rating was reported to be near-record lows in several polls.

Trump had a 38% approval rating in the Pew Research Center poll released last week, a 9% decrease from its survey in February at the beginning of his second term, as well as a 60% disapproval rating. The president's drastic polling decline showed a significant drop among his 2024 voters and adults who chose not to vote in the last presidential election.

Trump's recent rollout of tariff policies and the 'One Big Beautiful Bill' were among the factors in his disapproval. A majority 61% of respondents said they disapproved his tariff policies and 46% said they approved of the tax and spending law.

Additionally, 53% of respondents said Trump was making the federal government worse while only 27% said he was improving it. The Pew Research Center's national survey was conducted among 3,554 adults between August 4 and August 10.

Trump's net approval rating was reported to have seen a positive shift, however, still remained negative, according to the Economist/YouGov poll released on Tuesday (August 12). The survey, which was conducted between August 9 and 11, showed that 44% of U.S. adult citizens had a favorable opinion on Trump, while 52% viewed him unfavorably, for a net score of -7.

The president had previously had a 42% favorable rating and a 56% unfavorable rating for a -14 net score during last weeks poll, as well s a 50% favorable and 48% unfavorable rating for a +3 net score at the beginning of his term.

Polling expert Nate Silver reported that Trump's net approval rating has reportedly "fluctuated between -.8.5 and -8.9" since August 1 and seen a "relatively consistent decline" between June and late July, but has "reached another steady state," in his Silver Bulletin Substack released on Monday (August 11). Silver noted that the president's scheduled meetings with Russian President Vladimir Putin and potentially Ukrainian President Volodymyr Zelenskyy, as well as his latest round of tariffs taking effect last week, could factor into another shift.

Last month, Silver reported that Trump's approval rating had "started to drop more quickly" on his Substack blog. Silver gained notoriety for successfully predicting 49 of 50 states in the 2008 presidential election, as well as former President Barack Obama's re-election win in 2012 and Biden's win in the 2020 election.

The pollster was, however, criticized for giving Hillary Clinton a 71.4% chance of winning over Trump after the former president 304 electoral college votes to win the election.

"I think people shouldn’t have been so surprised," Silver told the Harvard Gazette in 2017. "Clinton was the favorite, but the polls showed, in our view, particularly at the end, a highly competitive race in the Electoral College. We had him with a 30 percent chance, and that’s a pretty likely occurrence. Why did people think it was much less than that? I think there are a few things."

The Jason Smith Show with Mike Harmon