US-Europe Strains Hurt Credit Outlook on Both Sides, Scope Says

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US-Europe relations are negatively impacting the credit outlook for both US and European sovereigns, according to Scope Ratings, due to President Trump's unpredictability in foreign affairs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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President Donald Trump’s unpredictability in US foreign affairs and the associated strain on relations with Europe are weighing on Scope Ratings’s view of sovereigns on either side of the Atlantic.

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Original article published by Bloomberg on January 23, 2026.
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