S&P Global has affirmed the US credit rating at 'AA+', saying that revenue from President Donald Trump's tariffs is helping to offset the fiscal impact of his recent spending package. The ratings agency said the "One Big Beautiful Bill Act," signed into law by Trump in July and combining tax cuts with higher spending, would add pressure to the US fiscal profile. However, it noted that tariff revenue appeared sufficient to counterbalance the deficit impact. S&P maintained that the US fiscal position remained the key weakness in its sovereign rating, but confirmed the outlook on the country's rating is stable. Attribution: Reuters Subediting: M. S. Salama
