US President Donald Trump has recently imposed a 10 per cent tariff on global imports, affecting trade with 180 countries, including India. Indian exports, particularly gems and jewellery, are now subject to a flat 26 per cent duty, leading to concerns within the industry. This move has sent shockwaves across various sectors worldwide, with tech giants and automotive companies preparing for potential price increases and disruptions in the supply chain. The impact of these tariffs is expected to be far-reaching, with businesses and consumers alike feeling the effects of this trade policy shift.