S&P Maintains US Sovereign Rating: Stable Outlook

The S&P has maintained the United States’ top rating, awarding an AA+/A-1+ sovereign rating and a stable outlook. This decision came following approval of President Trump’s major tax and spending initiatives, which were passed by Congress seven months into his administration. The U.S. is also making progress on international trade reforms while facing rising effective tariffs, leading to substantial tariff revenue that will potentially offset potential fiscal challenges posed by recent policy adjustments such as increased taxes and decreased spending.