S&P Global(US:SPGI) 智通财经网·2025-08-19 22:33Group 1 - The Trump administration has significantly expanded the scope of tariffs on steel and aluminum products, imposing a 50% tariff on over 400 product categories, including firefighting equipment, machinery, construction materials, and specialty chemicals made from steel and aluminum [1] - The U.S. Department of Commerce stated that the new measures cover 407 new product categories, aiming to close loopholes and support the revival of the U.S. steel and aluminum industries [1] - Experts predict that the impact of these tariffs will be extensive, with the current steel and aluminum tariffs covering at least $320 billion in imported goods, which is expected to further increase inflationary pressures in the Producer Price Index (PPI) [1] Group 2 - S&P Global indicated that the substantial revenue generated from the broad tariff policy will largely offset the recent significant tax cuts and spending reductions, maintaining the U.S. long-term sovereign credit rating at AA+ [2] - The report warns that if the U.S. deficit continues to expand over the next two to three years without effective spending control or addressing the fiscal gap caused by tax cuts, there may be a downgrade in the rating [2] - Despite the increase in customs tariff revenue, the federal budget deficit still widened by approximately 20% during the same period [2]