US court’s move to invalidate tariff structure to reshape the policy landscape: Report

NEW DELHI, Feb 22 : As the United States (US) court announced the invalidation of the tariff structure, a latest report by SBI Research said it could reshape the policy landscape and alter the trajectory of uncertainty. “Unscrapping of the tariff structure by the Court(s) can upend uncertainty going forward, while jurisdictions need to put in place counterintuitive negotiation to position themselves strategically in the intermittent period where ultimate power lies with a delicately balanced US Congress,” the report said. Countries may need to adopt counter-intuitive negotiation strategies to position themselves during the interim period, as ultimate authority over tariffs…