‘Studying developments’: India on US Supreme Court's quashing of Trump's tariffs

India's Ministry of External Affairs has expressed its intent to closely monitor the recent ruling by the US Supreme Court, which annulled the reciprocal tariffs that were enforced during Donald Trump's presidency. This decision is significant for India, as it reflects the evolving trade dynamics between the two nations. The tariffs had been a point of contention, impacting various sectors and affecting bilateral trade relations. The Indian government is now analyzing the implications of this ruling, considering its potential effects on trade policies and economic ties with the United States. As both countries navigate their post-pandemic recovery, India is keen on fostering a cooperative economic environment, and this development opens avenues for renewed dialogue on trade agreements. The Supreme Court's verdict underscores the importance of fair trade practices and could lead to a reassessment of existing tariffs that have impacted international trade relations.