Trump made pointed remarks across multiple geopolitical fronts, covering his stance on Israel, Turkey, and Iran. His latest comments sharply escalated in tone toward Iranian leadership, accusing them of bad faith in ongoing diplomatic engagements.

Trump on Israel and Turkey

Trump stated he is 'not a big fan' of Israel or 'Bibi,' signaling a notable distance from Israeli leadership. In contrast, Trump described Turkey as 'great for me' and characterized it as a 'very powerful country,' underscoring a markedly warmer tone toward Ankara.

Trump Accuses Iran of Duplicity Over Talks

Trump leveled sharp criticism at Iranian leadership, calling them "unbelievably duplicitous." He alleged that Iran's leadership asked for a meeting — some would say "beg" — after which talks began, with more scheduled in the immediate future. Despite this, Trump noted that Iranian officials openly and proudly claimed they were not having any discussions, that nothing was being talked about, and that they were only dealing with "Oman."

Trump further stated that Iranian leadership continued to issue what he described as their "usual blather," claiming the Strait of Hormuz would be "operated powerfully by them." Trump directly contested this, asserting the strait is "already completely controlled by the United States Navy" and referencing what he called "our 'Blockade'" or, as some describe it, "The United States Wall Of Steel."

US Naval Control and Conditions for Relief

Trump's remarks outlined a firm US posture on access to Iranian waters and trade routes. He stated categorically that "nothing gets through to Iran, unless we want it to," and added that "nothing will get through, unless a deal, or total surrender, is accomplished." These comments reflect the administration's stated leverage in ongoing diplomatic engagements with Tehran.

Economist Peter Schiff highlighted President Donald Trump’s rapidly declining approval ratings on August 2, 2026, framing the data as evidence of economic hardship for American consumers. Citing a July AP-NORC poll conducted between July 23 and July 27, Schiff pointed to an approval rating of 33%, with 66% disapproval of the president’s job performance. This marks a 4 percentage point drop from the previous June survey and stands as the lowest approval rating for any second-term U.S. president since 1940, surpassed only by Richard Nixon in the days preceding his resignation.

The political sentiment reflects broader economic pressures, particularly as U.S. gasoline prices crossed $4 a gallon in July. Patrick De Haan warned that prices could remain above $4 per gallon beyond the first week of August, fueled by renewed fighting between the U.S. and Iran that disrupted oil flows through the Strait of Hormuz. Schiff argued that these polling numbers are "not consistent with a booming economy," directly countering claims by Trump and his supporters that the administration’s policies are driving robust growth.

Disapproval is widespread across party lines, with broad opposition from Democrats and independents, alongside roughly 37% disapproval among Republicans. Support for Trump’s handling of the Iran conflict specifically collapsed to 28%, indicating that foreign policy tensions are significantly impacting his domestic standing. A New York Times report also noted the historic nature of these low polling numbers, reinforcing the narrative of diminishing public confidence.

Impeachment Odds Rise

Prediction markets reflect the growing political risk surrounding the presidency. On Polymarket, a Polygon (CRYPTO: POL)-based platform, the odds of Trump being impeached before his term ends stood at 64%, little changed since April. Similarly, on Kalshi, a contract tracking whether Trump will be impeached before January 1, 2028, trades at 66%. These figures suggest sustained market expectation of congressional action, despite Trump having been acquitted in both previous impeachment trials during his first term—in December 2019 and January 2021.

What the Numbers Show

The divergence between the administration’s narrative of a "booming economy" and the reality of $4-plus gasoline prices creates a tangible disconnect with voters. While inflation and geopolitical instability drive consumer pain, the polling data suggests these factors are translating directly into political vulnerability. The stability of impeachment odds at roughly 65% across different platforms indicates that this is not a transient spike but a entrenched risk factor for the remainder of the term.