iShares MSCI India ETF Gains 1.3% After US Supreme Court Strikes Down Trump-Era Tariffs

ETF Performance: iShares MSCI India ETF up 1.3% post-ruling.
Supreme Court Decision: Struck down Trump-era global tariffs imposed under emergency powers.
Tariff Impact: Average effective US tariff rate had reached 17%, highest since 1930s.
India Outlook: Reduced trade frictions expected to boost exports and investor confidence.
Sectoral Gains: Textiles, engineering, and IT services likely to benefit.
Global Impact: Lower import costs for US consumers; improved competitiveness for emerging markets.

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

The iShares MSCI India ETF rose 1.3% after the US Supreme Court ruled against former President Trump’s global tariff agenda, which had imposed broad duties on trading partners. The decision is expected to ease trade tensions, lower costs, and improve investor sentiment toward emerging markets, including India.