US Supreme Court Delays Decision on Trump's Global Tariffs, Extending Market Uncertainty

The US Supreme Court has postponed its ruling on the legality of former President Donald Trump's global tariffs imposed under the 1977 International Emergency Economic Powers Act, extending uncertainty for businesses and markets. The tariffs, targeting countries including China, Canada, Mexico, and India, remain in effect while legal challenges continue. The court has not announced when it will issue a decision, which could impact global trade, supply chains, and financial markets, including Indian equities and commodities. A ruling against the tariffs could lead to refunds and market rallies, while delays may prolong volatility.