US President Donald Trump has recently imposed a 10% tariff on global imports, which is expected to have a significant impact on trade with 180 countries, including India. Indian exports, particularly gems and jewellery, are facing a flat 26% duty as a result of this decision. This move has sent shockwaves across various industries worldwide, with tech giants and automotive companies preparing for potential price hikes and disruptions in their supply chains. The implications of this tariff are being closely monitored by businesses and policymakers in India, as they assess the potential consequences on the country’s economy and trade relations with the United States.