New Delhi, Feb. 22 -- The United States (US) court's move to invalidate the tariff structure could reshape the policy landscape and alter the trajectory of uncertainty, SBI Research said.
The report noted that countries may need to adopt "counter-intuitive" negotiation strategies to position themselves during the interim period, as ultimate authority over tariffs rests with a finely balanced US Congress.
It added that the interaction between inter-sovereign treaties and actions by juristic persons on tariff matters could create complexity, if not disruption, in determining an effective tariff framework.
"Unscrapping of the tariff structure by the Court(s) can upend uncertainty going forward while jurisdictions need to put in place coun...
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