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10.11.201604:18:00UTC+00S&P asserts US investment grade ratings after Trump election win

Standard & Poor's retained the AA+/A-1+ rating of the United States, as well as its stable outlook on Wednesday after the presidential poll.

Donald Trump surprised the world when he clinched victory in the recent presidential election. Also, the Republicans managed to keep the majority control of the Senate and the House of Representatives.

The ratings agency said America will uphold policy implementation under the Trump administration, citing tough checks and balances and long-standing governmental strengths despite his inexperience in public office, igniting skepticism on policy plans.

However, the S&P added there is a risk of policy uncertainty and potential setbacks, attributing it the unproven nature of the impending Trump presidency.

Tags: USA
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