Trump’s tariff revenues are expected to compensate for the tax bill effect star-news.press/wp

S & P Global She said she expected the revenue of the “meaningful” federal government from President Donald Trump’s broad definition policies to the “generally weakest returns” expected from the recently activated Trump bill.

S& P Global cited these expectations on Monday as they are I kept the AA+ classification On the long-term sovereign debt and its classification A-1+ on “unwanted sovereign credit in the short term.”

But the company warned: “We can reduce the classification over the two years to the next three years if the high deficit has already increased, which reflects the political inability to contain increased spending or manage the effects of revenues from changes in the tax law.”

It also warned that the classifications “can be pressure if political developments affect the strength of American institutions and the effectiveness of policy -making in the long run or the independence of the Federal Reserve.”

“This, in turn, can offer the state of the dollar as a leading backup currency in the world-a major credit power,” said S & P Global.

Trump has imposed a widespread tariff and is often high on imports from other countries since the restoration of the White House in January.

In July, the so -called Trump “Big beautiful invoice “ The law has become. Legislation imposes discounts on federal government spending, while also lowering tax rates.

On July 21, Congress Budget Office It is estimated that the law will lead to a clear increase in the federal budget deficit of $ 3.4 trillion from 2025 to 2034.

The Central Bank of Oman said at that time: “This increase in deficit is estimated from a decrease in direct spending of $ 1.1 trillion and a decrease in revenues of $ 4.5 trillion.”

On Monday, S& P Global said: “Amid the high rates of effective tariffs, we expect that the relevant tariff revenues in general will be compensated for the weakest financial results that may be linked otherwise to recent financial legislation, which contain both cuts and increase in taxes and spending.”

Last week, the Treasury said that in July, there was an increase of $ 21 billion in American customs duties as a result of the Trump tariff policy. However, the federal budget deficit grew almost 20 % in the same month, according to the administration.

But the S& PLOBAL said that “her outlook is still stable, which reflects our expectations for the continuous flexibility in the American economy; implementing effective and effective monetary policy; high, but not increasing, which supports the increase in the net public government debt; and an increase of $ 5 trillion on the roof of the debt.”

“The stable view indicates our expectations that although the results of the financial deficit will not improve usely, we do not offer a continuous deterioration over the next few years,” said S& P: “

The company said: “This includes our view that the ongoing changes in local and international policies will not affect the flexibility and diversity of the American economy.”

“In turn, the spacious revenue flood will compensate, including a strong tariff income, that is, financial slide of tax cuts and increased spending.”