Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar

Scope Ratings Issues US Downgrade Warning Amid Trade Policy Uncertainty and Potential Alternatives to the DollarEuropean 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 […]

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