Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating

[shockedcanadian]

After 80 years of propping up the world, the world needs to prop up the U.S and help them with their debt.

I never doubted the necessity of Trumps use of tariffs, I hope he doesn't sacrifice national security in other areas. It might one day lead to an even more powerful enemy in China who could end all of Western civilization.

MSN

• S&P Global reaffirmed its AA+ credit rating and stable outlook last week owing in part to “robust tariff income,” which should help offset the impact of tax cuts and spending in the federal budget. While S&P doesn’t see meaningful improvement in the fiscal deficit, it doesn’t expect steep deterioration either. However, reciprocal tariffs face legal challenges and could be struck down.

Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get much worse. The bad news is that it won’t get much better, either.

A key factor for the deficit forecast is President Donald Trump’s tariffs, which should help offset the impact of tax cuts and spending in the federal budget.

S&P reaffirmed its AA+ rating on U.S. debt last week, citing the overall strength of the economy, institutions that provide effective checks and balances, proactive monetary policy, and the dollar’s status as the world’s top reserve currency.

The outlook on the credit rating, which is a notch below the top AAA grade, remains stable because the deficit won’t muddy the picture.

“This incorporates our view that changes underway in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P said in a statement. “And in turn, broad revenue buoyancy, including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases.”

 

[gipper]

Yeah it’s great to see suffering Americans paying their criminal wasteful government even more.

Lol.

 

[kyzr]

Stop whining.
I'm happy tariffs are balancing the budget after running up $37T in debt and $1.1T annual interest on that debt.
If the dollar collapses we all lose.

 

[gipper]

Stop whining.
I'm happy tariffs are balancing the budget after running up $37T in debt and $1.1T annual interest on that debt.
If the dollar collapses we all lose.

Where did that $37 trillion go?

Thinking government is going to balance the budget is the thinking of a fool. Dumb Don just passed the BBB which only increased the deficit and national debt, while enriching the rich. The Ds do the same thing, yet you uniparty dupes think the two gangs are different.

 

[gipper]

C’mon Canuck…Defend your OP.

Don’t be a *****.

 

[Independent thinker]

Yeah it’s great to see suffering Americans paying their criminal wasteful government even more.

Lol.

You should really have a couple of coffees first before you post in the morning.

 

[gipper]

You should really have a couple of coffees first before you post in the morning.

Why?

 

[Mac1958]

So thank American employers, who are paying for this on top of their other expenses.

 

[berg80]

I'm happy tariffs are balancing the budget

Balancing? Don't you mean consumers are helping to offset the effect of the tax cut bill by paying for the tariffs?

 

[gipper]

So thank American employers, who are paying for this on top of their other expenses.

But who ultimately pays these tariffs?

 

[kyzr]

Where did that $37 trillion go?

We borrowed it from bond holders.

Thinking government is going to balance the budget is the thinking of a fool. Dumb Don just passed the BBB which only increased the deficit and national debt, while enriching the rich. The Ds do the same thing, yet you uniparty dupes think the two gangs are different.

You need to see some real news.
The OMB admitted their mistakes and re-issued a new estimate 8/19 that shows that tariffs offset the cost of the BBB.

An Update About CBO's Projections of the Budgetary Effects of Tariffs

As tariffs changed frequently throughout 2025, CBO has regularly updated the Congress about projected tariff revenues; this blog post is the latest in that series.

www.cbo.gov

As of August 19, we estimate that the effective tariff rate for goods imported into the United States has increased by about 18 percentage points when measured against 2024 trade flows. We project that increases in tariffs implemented during the period from January 6, 2025, to August 19 will decrease primary deficits (which exclude net outlays for interest) by $3.3 trillion if the higher tariffs persist for the 2025‒2035 period. By reducing the need for federal borrowing, those tariff collections will also reduce federal outlays for interest by an additional $0.7 trillion. As a result, the changes in tariffs will reduce total deficits by $4.0 trillion altogether.

 

[kyzr]

But who ultimately pays these tariffs?

That is a case-by-case decision by the importers, the manufacturers, and the retailers.
If they pass the cost on to consumers they will lose market share.

 

[kyzr]

Balancing? Don't you mean consumers are helping to offset the effect of the tax cut bill by paying for the tariffs?

Possibly consumers, could also be importers, manufacturers, and retailers.
If they put all the tariff cost on consumers they will lose market share.

 

[Cassandro]

After 80 years of propping up the world, the world needs to prop up the U.S and help them with their debt.

I never doubted the necessity of Trumps use of tariffs, I hope he doesn't sacrifice national security in other areas. It might one day lead to an even more powerful enemy in China who could end all of Western civilization.

MSN

• S&P Global reaffirmed its AA+ credit rating and stable outlook last week owing in part to “robust tariff income,” which should help offset the impact of tax cuts and spending in the federal budget. While S&P doesn’t see meaningful improvement in the fiscal deficit, it doesn’t expect steep deterioration either. However, reciprocal tariffs face legal challenges and could be struck down.

Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get much worse. The bad news is that it won’t get much better, either.

A key factor for the deficit forecast is President Donald Trump’s tariffs, which should help offset the impact of tax cuts and spending in the federal budget.

S&P reaffirmed its AA+ rating on U.S. debt last week, citing the overall strength of the economy, institutions that provide effective checks and balances, proactive monetary policy, and the dollar’s status as the world’s top reserve currency.

The outlook on the credit rating, which is a notch below the top AAA grade, remains stable because the deficit won’t muddy the picture.

“This incorporates our view that changes underway in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P said in a statement. “And in turn, broad revenue buoyancy, including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases.”

DBRS still gives the US a AAA rating (100). China gets an A rating (78). Where else are investors going to put their money?

 

[berg80]

Uh oh.

President Donald Trump’s trade war suffered a big setback with many of his administration’s tariffs ruled illegal by a federal appeals court last Friday. Billions of dollars in trade duties may potentially need to be refunded to businesses as trade deals struck by the White House with other nations are thrown into question. But for now, the underlying stance within the shipping industry and supply chain has not changed, according to logistics professionals, with the court decision — a stay is in place until October 14 — contributing to the uncertainty that has dogged business decision making throughout 2025.

“Right now, we have not heard anything much or seen any changes,” said Paul Brashier, vice president of global supply chain for ITS Logistics.

https://www.cnbc.com/2025/09/02/what-trump-court-loss-means-for-billions-in-tariffs-paid-to-government.html

The SC will have to do a olympic quality double back flip off the pommel horse worthy of a 10 in order not to rule Dotard exceeded his authority in claiming emergency powers to impose most of the tariffs. What a mess it will be if billions have to be refunded.

 

[Zincwarrior]

After 80 years of propping up the world, the world needs to prop up the U.S and help them with their debt.

I never doubted the necessity of Trumps use of tariffs, I hope he doesn't sacrifice national security in other areas. It might one day lead to an even more powerful enemy in China who could end all of Western civilization.

MSN

• S&P Global reaffirmed its AA+ credit rating and stable outlook last week owing in part to “robust tariff income,” which should help offset the impact of tax cuts and spending in the federal budget. While S&P doesn’t see meaningful improvement in the fiscal deficit, it doesn’t expect steep deterioration either. However, reciprocal tariffs face legal challenges and could be struck down.

Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get much worse. The bad news is that it won’t get much better, either.

A key factor for the deficit forecast is President Donald Trump’s tariffs, which should help offset the impact of tax cuts and spending in the federal budget.

S&P reaffirmed its AA+ rating on U.S. debt last week, citing the overall strength of the economy, institutions that provide effective checks and balances, proactive monetary policy, and the dollar’s status as the world’s top reserve currency.

The outlook on the credit rating, which is a notch below the top AAA grade, remains stable because the deficit won’t muddy the picture.

“This incorporates our view that changes underway in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P said in a statement. “And in turn, broad revenue buoyancy, including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases.”

Not any more.

 

[Admiral Rockwell Tory]

Where did that $37 trillion go?

Thinking government is going to balance the budget is the thinking of a fool. Dumb Don just passed the BBB which only increased the deficit and national debt, while enriching the rich. The Ds do the same thing, yet you uniparty dupes think the two gangs are different.

Yeah, he eliminated the tax on their social security and tips!

 

[struth]

After 80 years of propping up the world, the world needs to prop up the U.S and help them with their debt.

I never doubted the necessity of Trumps use of tariffs, I hope he doesn't sacrifice national security in other areas. It might one day lead to an even more powerful enemy in China who could end all of Western civilization.

MSN

• S&P Global reaffirmed its AA+ credit rating and stable outlook last week owing in part to “robust tariff income,” which should help offset the impact of tax cuts and spending in the federal budget. While S&P doesn’t see meaningful improvement in the fiscal deficit, it doesn’t expect steep deterioration either. However, reciprocal tariffs face legal challenges and could be struck down.

Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get much worse. The bad news is that it won’t get much better, either.

A key factor for the deficit forecast is President Donald Trump’s tariffs, which should help offset the impact of tax cuts and spending in the federal budget.

S&P reaffirmed its AA+ rating on U.S. debt last week, citing the overall strength of the economy, institutions that provide effective checks and balances, proactive monetary policy, and the dollar’s status as the world’s top reserve currency.

The outlook on the credit rating, which is a notch below the top AAA grade, remains stable because the deficit won’t muddy the picture.

“This incorporates our view that changes underway in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P said in a statement. “And in turn, broad revenue buoyancy, including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases.”

Only took a few months to reverse the cycle of credit ratings dropping from the Obama and xiden admin

 

[Admiral Rockwell Tory]

Not any more.

What do you mean? The tariffs are still in effect, dumbass!

 

[CowboyTed]

Where did that $37 trillion go?

Thinking government is going to balance the budget is the thinking of a fool. Dumb Don just passed the BBB which only increased the deficit and national debt, while enriching the rich. The Ds do the same thing, yet you uniparty dupes think the two gangs are different.

The BBB was to give the Rich Money and make middle and poor class have less money.

The Importation Tax on US Consumers is to take money from everyone...

Effective this is reverse robin hood.... Steal from the poor (& middle class) and give to the rich...

But don't worry, it will piss off the Libs (and actual conservatives, libertarians, allies,...).

This is a win for MAGA elites...