S&P 500 falls on pressure from retail stocks, weak jobless claims
Investing.com -- S&P Global Ratings has affirmed its "AA+" credit rating for the United States with a stable outlook, noting that revenue from President Donald Trump’s tariffs could potentially offset the fiscal impact of his tax cuts and spending legislation.
The rating agency, which was the first to downgrade the U.S. government’s credit rating in 2011, made the announcement on Monday.
Lisa Schineller, primary U.S. analyst at S&P Global Ratings, emphasized that future rating decisions would depend on policy outcomes rather than just intentions.
"Outcomes are what’s really going to weigh and inform the rating," Schineller said in an interview. "The outcomes of how you execute the budgetary legislation, how the tariff revenue comes, their combined impact on growth and investment that leads to either better or worse or similar fiscal out-turns, that’s our focus."
While the immediate rating remains unchanged, S&P indicated that questions about the economic effects of U.S. trade policies could influence the country’s credit rating in the coming years.