S&P Affirms US Credit Rating at ‘AAA+’
S&P Global on Monday affirmed its ‘AA+’ credit rating on the United States with a stable outlook, stating that revenue from President Donald Trump’s tariffs on other countries is expected to offset the fiscal impact of his recent spending bill. “In our view, the fiscal profile remains the key weakness for the US sovereign ratings,” S&P said, adding, “at this time, it appears that meaningful tariff revenue has the potential to offset the deficit-raising aspects of the recent budget legislation.” Trump signed the massive package of tax cuts and spending measures—dubbed the One Big Beautiful Bill Act—into law in July. Moody’s credit rating for the United States is currently set at ‘Aa1’ with a stable outlook, while DBRS last reported its rating at ‘AAA’, also with a stable outlook.