Editor’s Note
This article examines the potential impact of U.S. tariffs on India’s multi-billion dollar gem and jewelry industry. The analysis highlights the sector’s vulnerability to shifting trade policies and the broader economic pressures it faces.

Trump’s Tariffs Threaten India’s $30 Billion Bling Trade
The gem and jewelry trade could contract even further.
The Bharat Diamond Bourse in Mumbai’s Bandra Kurla Complex.
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