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High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best

The U.S. Supreme Court issued a 6‑3 decision rejecting President Donald Trump’s authority to impose sweeping tariffs, a move hailed by rating agency AM Best as a relief for the insurance sector. The court’s ruling eliminates the tariff‑related uncertainty that has clouded pricing, balance‑sheet strength, and rate adequacy for insurers. Previously, proposed tariffs on Canada and Mexico were expected to raise costs, fuel inflation, and destabilize markets. AM Best now expects a clearer environment for underwriting and profitability across property‑casualty lines.