S&P Global Ratings said revenue from President Donald Trump’s tariff program likely would offset some of the deficit increases from his tax and spending bill, allowing it to maintain a AA+ credit rating for the world’s biggest economy. S&P Global, which stripped the U.S. of its AAA credit rating in summer 2011 following a prolonged debt ceiling crisis in Congress, said that while the president’s signature One Big Beautiful Bill Act legislation will add to debt and deficit levels, there won’t be a “persistent deterioration” over the next several years. “This incorporates our view that changes under way in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P Global said in a report published late Monday.
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S&P Global Maintains U.S. Debt Rating at AA+, Citing Tariff Boost
Published 2 months ago
Aug 19, 2025 at 12:32 PM
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