Will US Supreme Court tariff ruling impact Indian economy? Nirmala Sitharaman answers

Union Finance Minister Nirmala Sitharaman addressed concerns regarding the recent US Supreme Court ruling on tariffs, which could potentially impact India's economy. Speaking at a press conference, she emphasized that the Union Commerce Ministry is actively reviewing the implications of this ruling. The Supreme Court's decision may affect trade dynamics, particularly in sectors where Indian exports are significantly involved. Sitharaman reassured stakeholders that the government is closely monitoring the situation to safeguard India's economic interests. She highlighted the importance of maintaining robust trade relations and expressed confidence in the resilience of the Indian economy amid global trade challenges. This ruling adds to the complexities of international trade for India, which has been navigating various tariff disputes and trade policies in recent years. The government's proactive stance aims to mitigate any adverse effects on Indian exporters and ensure a stable economic environment.