US President Donald Trump has implemented a 10% tariff on imports worldwide, which is having a major impact on trade with 180 countries, including India. Indian exports, particularly gems and jewellery, are now subject to a flat 26% duty, leading to concerns within the industry. This move by the US administration is causing ripple effects across various sectors globally, with tech giants and automotive companies preparing for potential price hikes and disruptions in their supply chains. The trade tensions between the US and other nations, including India, are creating uncertainty and challenges for businesses as they navigate these new tariffs and their implications on the global economy.