India Cautiously Reacts to US Supreme Court's Tariff Decision, Reviews Implications

• India's Ministry of Commerce and Industry is studying the US Supreme Court's decision on tariffs and monitoring the Trump administration's next steps.
• The US Supreme Court canceled Trump's broad reciprocal tariffs, ruling they were unconstitutional under the IEEPA without explicit congressional approval.
• Union Minister Prahlad Joshi stated India would review the 6-3 decision before giving an official response.
• Trump claimed the ruling wouldn't impact India-US trade, asserting India would still pay tariffs and had reduced oil purchases from Russia at his request.
• India maintains its energy decisions are based on national interest and market conditions, not explicitly confirming changes due to Trump's request.