TechFlow, August 19 — According to Jinshi Data, S&P Global Ratings affirmed the U.S. sovereign credit rating at "AA+/A-1+" with a stable outlook.
The agency noted that after seven months in office, the Trump administration secured congressional approval for its signature tax and spending legislation, reflecting core policy priorities. Meanwhile, the U.S. government continues advancing reforms to the international trade system. Against the backdrop of higher effective tariff rates, material tariff revenues are expected to largely offset potential fiscal weakness—which otherwise might have been triggered by recent fiscal legislation involving tax increases and cuts as well as spending adjustments. The stable outlook reflects the agency's expectations regarding continued U.S. economic resilience; credible and effective monetary policy implementation; high but not widening fiscal deficits supporting general government net debt growth; and a $5 trillion increase in the debt ceiling.
