New Delhi, Feb. 22 -- Indian equities may attempt a relief rally this week, but renewed uncertainty around US trade policy is likely to keep investors on their toes. A weekend of sharp tariff moves from Washington has once again clouded the outlook for global markets, including India.

In a dramatic policy pivot late Friday, US President Donald Trump unveiled a fresh 10% global tariff to replace the levies struck down by the US Supreme Court. Branding the ruling "terrible", he took aim at the judges who had rejected his trade policies. Barely 24 hours later, on Saturday night, the President escalated matters, raising global tariffs from 10% to the maximum permissible 15% and describing the court's verdict as "extraordinarily anti-American...