April 16, 2025

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

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European 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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Source: Bitcoin.com

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