“The US economy’s resilience should support solid fiscal revenue collection, including from continued tariffs, and stabilize fiscal deficits over the next several years.”

S&P Global affirmed US sovereign ratings at AA+/A-1+ with a stable outlook on Aug. 18, 2025, even as debt heads toward 100% of GDP.

“The US economy’s resilience should support solid fiscal revenue collection, including from continued tariffs, and stabilize fiscal deficits over the next several years.”

S&P Global Ratings affirmed the US credit rating at AA+ with a stable outlook, citing economic resilience and stable fiscal deficits supported by tariff