US President Donald Trump has recently imposed a 10% tariff on global imports, affecting trade with 180 countries, including India. This move has particularly hit Indian exports, especially in the gems and jewellery sector, which now face a flat 26% duty. The impact of this tariff is being felt across various industries worldwide, with tech giants and automotive companies among those facing potential price hikes and disruptions in their supply chains. The imposition of this tariff is expected to have far-reaching consequences on the global economy and trade relations.