S&P Global Reaffirms U.S. Credit Rating Amid Tariff Uncertainty
S&P Global Ratings maintained its 'AA+' credit rating for the United States, citing stable fiscal conditions but warning of potential disruptions from trade tariffs. The agency emphasized that future assessments will hinge on policy outcomes rather than intentions, particularly regarding revenue from tariffs and their broader economic impact.
This marks the first major ratings decision since 2011, when S&P downgraded the U.S. from its pristine 'AAA' status. All major agencies have since followed suit, reflecting persistent concerns over budget deficits and national debt levels.