00:00This morning, new data showing inflation is holding steady, but a broader look shows prices did rise on a wide array of products,
00:08showing that President Trump's tariffs are being passed along to consumers.
00:12So the question is, how do Americans feel about Trump's handling of inflation?
00:17CNN's Harry Inton is joining us now.
00:18Harry, this is really a huge piece of why the president was elected, was to get a handle on cost of living.
00:24So how do Americans feel like he's doing?
00:26Let me just say, this is an abject disaster, abject disaster for the president of the United States.
00:32You mentioned it, Jessica. Look, voters on Trump and inflation.
00:34He won the 2024 election because he was more entrusted on inflation than Kamala Harris was, led by a margin of nine points.
00:41Look at where his net approval stands today, though, on inflation.
00:45My goodness gracious, into the gutter we go, underwater we go.
00:48He's 25 points underwater. My goodness gracious.
00:52That is where the Little Mermaid is, and he is matching the Little Mermaid.
00:57That's how far underwater he is on the issue that got him elected.
01:00He led by nine points on it last year, and now he's 25 points underwater.
01:04As I said, this is a complete and total disaster for the president of the United States.
01:08So let's look ahead to 2026 when a lot of Republicans, all the House Republicans, some senators, going to be on the ballot.
01:14What is, how is that shaping?
01:16Yeah, if Republicans in Congress think that they can escape the wrath of the voters when it comes to inflation, I have a bit of a rude awakening for them.
01:24Trust which party more on inflation.
01:25You go back to the 2022 midterms, look at this.
01:28Republicans led by 13 points on which party was more trust on inflation.
01:31Look at where we are now.
01:32Nearly a 15-point shift in the Democrats' direction.
01:35It's within the margin of error, but the Democrats up by a point.
01:38This just looks totally different from where we were back in 2022 when, of course, Republicans took back the House.
01:44That's what Democrats are trying to do this time around, looking much better for them.
01:48The bottom line is the wrath that the voters feel for Donald Trump and inflation is transferring over to House Republicans.
01:54And now Democrats, although it's a small lead, a big difference from where we were back in October of 2022,
01:59with Democrats actually in the positive and Republicans in the negative, very much the reverse of where we were just three years ago.
02:06Yeah.
02:06And so how do voters feel about inflation in terms of where it ranks and what kind of priority it is for them?
02:10Right. So we start off this segment by saying that inflation was the reason that Donald Trump was elected.
02:15It was the most important issue for the voters back last year at this point.
02:20And look at where we are today.
02:21What is the top issue for you right now?
02:23It's a runaway.
02:24It's inflation.
02:25It's 34 percent compared to the economy, which is basically very similar at 16 percent, Medicare and Social Security at 14 percent.
02:32But the bottom line is voters in poll after poll after poll say that Donald Trump has taken his eye off the ball, off the big issue of the day, which is inflation.
02:41And that is why Donald Trump is way underwater on this issue.
02:44And it's why Democrats have caught up to Republicans on the all-important issue of inflation.
02:48I can guarantee you this, Jessica.
02:50If these numbers look right now like they do or will look on Election Day 2026, there is no way on God's green earth that Republicans can hold on to the House of Representatives.
03:00These numbers, as I said, an abject disaster for Donald Trump and therefore Republicans.
03:04I mean, I'm no Harry Enten, but 34 is more than double 16.
03:09That is a very, very large number.
03:11All right.
03:11Thank you so much.
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