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US court ruling on tariffs positive for India : Report
The Business Guardian
|February 27, 2026
A recent ruling by the Supreme Court of the United States striking down tariff measures introduced under the International Emergency Economic Powers Act (IEEPA) is expected to be positive for emerging market (EM) economies, including India, and could cushion the Indian rupee from weakness against the US dollar, according to a report by JM Financial.
The report stated that the court’s decision will create a more predictable global trade environment, reducing the influence of tariff weaponisation on international trade activity. This development is expected to support EM economies, including India.
"The court ruling will be positive for EM economies, including India, as trade activity hereon will not be influenced by weaponisation of tariffs; moreover, policy uncertainty will increase in the US in the near term," the report noted.
Dit verhaal komt uit de February 27, 2026-editie van The Business Guardian.
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