International Economic
S&P reiterates US rating as tariff income expected to offset tax bill damage
By Benjamin Chiou
Date: Tuesday 19 Aug 2025
(Sharecast News) - S&P Global Ratings has said that "meaningful tariff revenues" from Donald Trump's trade war should balance the fiscal damage linked to the president's massive tax and spending bill.
The comments came as the ratings agency kept an AA+ credit rating on the US with a stable outlook.
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