Fitch says large US deficits to keep debt above "AA" peers; cuts 2026 US tariff revenue estimate by USD 150bln
Fitch's comments on large US deficits highlight concerns about fiscal stability, suggesting that the US credit profile may weaken relative to other nations rated above 'AA'.
US President Trump signs order on federal contracting
US President Trump to sign permit authorising a pipeline
Fitch says large US deficits to keep debt above "AA" peers; cuts 2026 US tariff revenue estimate by USD 150bln
NEC Director Hassett says next step is to expand programme to middle-income people
US President Trump reiterates US leading China on AI
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The cut in 2026 tariff revenue estimates by $150 billion signals potential shortfalls in government income, which could further limit fiscal flexibility and have implications for future debt and borrowing costs.
Related headlines
- Fitch affirms ASML (ASML NA) at A+; Outlook stable5 days ago
- S&P says Portugal 'a+/a-1' ratings affirmed; outlook remains positive on resilient economic growthAug 28
- S&P affirms China at A+; Outlook StableAug 28
- S&P affirms India's rating at 'BBB/A-2'; Outlook StableAug 27
- Moody's affirms Philippines at BAA2; Outlook stableAug 24
- S&P upgrades SK Hynix (000660 KS) credit rating to A-Aug 20
- Moody's affirms Australia at Aaa; maintains stable outlook Aug 18
- S&P upgrades Ecuador from B- to B; Outlook Stable, citing improved fiscal and debt managementAug 14
- Fitch affirms US at AA+, outlook stableAug 13
- US Market Wrap: Treasuries and stocks decline as oil rallies on intensifying US/Iran strikes 7 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 4.46 HIGHER AT USD 90.22/BBL; BRENT (X6) SETTLES USD 4.16 HIGHER AT USD 94.65/BBL7 days ago
- Newsquawk US Market Wrap - Stocks bid, yields down as crude slumps on US/Iran ceasefire reportsAug 25
- CRUDE WRAP: WTI (V6) SETTLES USD 2.65 LOWER AT 82.36/BBLAug 25
- US MARKET WRAP: Stocks slide and yields reverse higher Aug 20
- US CRUDE WRAP: WTI (V6) SETTLES USD 2.44 HIGHER AT USD 86.83/BBLAug 20
- Newsquawk Daily Asia-Pac Opening News - 20th August 2026Aug 19
- US MARKET WRAP: Treasuries and stocks rise, dollar weakens as US Treasury doubles buybacks of long-term bondsAug 19
- Newsquawk Weekly US Earnings Estimates - 10-14th August 2026: Earnings calendar thins significantly next week; CSCO and AMAT the highlightsAug 07
- Newsquawk Weekly US Earnings Estimates - 10-14th August 2026: Earnings calendar thins significantly next week; CSCO and AMAT the highlightsAug 07
- Newsquawk Week In Focus - 10-14th August 2026 - Highlights include: US CPI, US Retail Sales, RBA, BoJ SOO, and UK GDPAug 07
The whole workspace, free to try.
Try it free