New Delhi, Jan. 15 -- Uncertainty surrounding US President Donald Trump's tariff policy continues to cloud global markets after the US Supreme Court on Wednesday declined to issue an immediate ruling on the legal challenge to the proposed global tariffs. The apex court also did not indicate when it would take up the matter or provide a timeline for its decision, prolonging uncertainty for investors across asset classes.

The case, which challenges the legality of Trump's sweeping tariff measures, is being closely tracked by global financial markets given its far-reaching implications for global trade flows, inflation dynamics, corporate earnings, and overall risk sentiment.

Any clarity from the US Supreme Court - either in favour of or a...