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US rating downgrade: a warning for Donald Trump

US rating downgrade: a warning for Donald Trump

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Moody's downgraded the US sovereign rating on Friday, May 16, losing its "Aaa" rating. Andrew Kelly / REUTERS
The loss of the United States' "Aaa" rating by Moody's on Friday, May 16, is a sign of market concern over Donald Trump's economic policy, but also of the threats he poses to the country's institutional stability, which could undermine institutional confidence in the dollar.
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