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

by Maria Vaughan
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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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