Markets to shrug off Trump tariff ruling, but volatility looms: Neeraj Seth

• Global markets unlikely to see sustained reaction to US Supreme Court's Trump tariff ruling, though short-term volatility is possible.
• Neeraj Seth of 3R Investment Management notes the court's decision could range from partial to full strike down or no change.
• Even if tariffs are struck down, the Trump administration has legal options to reintroduce them.
• India may see a short-term reaction, but factors like tax cuts and rupee stabilization could offer support.
• US Treasury markets could face pressure due to fiscal deficit, while equities may see mixed sector-wise reactions.

Why It Matters: Markets may absorb Trump tariff ruling, but geopolitical risks and fiscal concerns signal future volatility.