Surat/Kanpur, August 27, 2025, AAINAI: US President Donald Trump's tariff policy has created economic tension globally. After the US imposed 50% tariff on India, its direct impact is being seen on Surat, the country's largest diamond hub. Right now America is a major market for diamond exports of Surat, so such a huge tariff can prove to be a big setback for the industry. Expressing concern, the traders associated with the diamond business said that due to this tariff, there is a possibility of a decline in business and it can have serious effects in the short term as well as the long term. At the same time, the impact of the decision of America to impose tariffs on India is now clearly visible on the leather industry in Kanpur, Uttar Pradesh. This industry, which depends on international exports to its 80% business, is now facing serious challenges. Leather exporters say that Trump's tariff policy has given a big blow to that sector