US President Donald Trump has implemented a 10 per cent tariff on worldwide imports, affecting trade with 180 countries, including India. This move has particularly hit Indian exports, especially gems and jewellery, which now face a hefty 26 per cent duty. The impact of these tariffs is being felt across various industries globally, with tech giants and automotive companies preparing for potential price increases and disruptions in their supply chains.

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“Trump imposes 10% tariffs on global imports, Indian gems hit with 26% duty, industries brace for disruptions”
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Bitcoin and Ethereum prices plummet as global risk sentiment rises over new US tariffs, market cap down 8.59%.
