Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar
Submitted by Anonymous (not verified) on Wed, 04/16/2025 - 11:50
European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible scenarios for the credit outlook: a “tariff-light” approach, a full-scale trade war, or a broader economic and financial crisis that could include the introduction of […]