S&P Maintains US AA+ Rating, Cites Tariff Revenue Offset
S&P Maintains US AA+ Rating, Cites Tariff Revenue Offset
The Spin
Tariffs functionare asproving atheir hiddenworth taxas ona Americanfiscal consumerstool, andgenerating businesses,substantial withrevenue economiststhat estimatingvalidates anTrump's averagetrade coststrategy. ofThe $2,70028 perbillion taxpayercollected in 2026.July Thealone revenuedemonstrates boosthow comesimport atduties thecan expensemeaningfully ofoffset economictax efficiencycuts andwhile consumerstrengthening purchasingAmerica's power,fiscal creatingposition. uncertaintyThis thatapproach hassuccessfully alreadybalances weakened job pro-growth totax justpolicy 73,000with positionsresponsible inrevenue Julygeneration.
Tariffs function as a hidden tax on American consumers and businesses, with economists estimating an average cost of $2,700 per taxpayer in 2026. The revenue boost comes at the expense of economic efficiency and consumer purchasing power, creating uncertainty that has already weakened job growth to just 73,000 positions in July.
Metaculus Prediction
There's a 50% chance that at least 11 countries will have AAA-rated sovereign debt according to S&P in 2028, according to the Metaculus prediction community.
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