Notwithstanding U.S. tariffs, the Sault's credit rating remains at AA+ (stable), where it's been for the last few yearsWill President Trump's tariffs ruin the local economy? S&P Global Ratings, the credit analyst that performs annual reviews of the City of Sault Ste. Their latest ratings score snapshot was presented at last night's city council meeting, indicating that the City of Sault Ste. The Sault's credit rating has been unchanged for the last several years, and U.S. steel tariffs have so far not affected it. "We have, once again, a very positive credit rating," Ward 1 Coun.