President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs at the White House in Washington on April 2, 2025. Brendan Smialowski/AFP via Getty Images
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Commentary
Tariffs are going up, and internal taxes are coming down in the United States. That makes sense to S&P, which held the U.S. credit rating at AA+/A-1+, with a stable outlook for the coming years.
Anders Corr has a bachelor’s/master’s in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea” (2018).
