【India】India’s Diamond Industry in Crisis: Exports Hit 20-Year Low
Editor’s NoteIndia’s diamond exports have hit a two-decade low, reflecting weak global demand and underscoring the sector’s vulnerability to economic…
Economic Impact
【Antwerp, Bel】Tariffs Also Stalling Diamond Industry, Trade Hub Shipments Drop to One-Seventh
Editor’s NoteThe global diamond trade is facing severe disruption, with shipments through key hubs like Antwerp reportedly down to a fraction of…
【Surat, India】Commodities Chronicle – India and the Diamond Sector Caught in the Storm of US Tariffs
Editor’s NoteIndia’s diamond industry, which polishes over 80% of the world’s rough diamonds, faces significant uncertainty due to new U.S. tariffs….
【Washington D】New US Tariffs: ++ White House Denies 90-Day Pause ++
Editor’s NoteThe White House has firmly dismissed rumors of suspending current U.S. tariffs, with President Trump threatening further tariffs on…
【Surat, India】US Tariffs Set to Cripple India’s Diamond Industry, Hurting Jobs, Exports
Editor’s NoteThis article highlights the significant economic pressures facing India’s diamond industry, as new U.S. tariffs threaten a key export…
【Mumbai, Indi】India’s Jewellery Exports Set for a Sharp Decline
Editor’s NoteIndia’s gem and jewellery sector, a key export industry, faces significant pressure from new U.S. tariffs. Industry leaders warn of a…
【Brühl, Germa】Fear of Shutdown: EU Directives Cause Concern – Brühl
Editor’s NoteThis article highlights the significant economic pressures facing Germany’s foundry industry, including skilled labor shortages and high…
【South Korea】Last Year’s National Jewelry Market Size Approximately 5.8 Trillion Won
Editor’s NoteThis article highlights key findings from the 2024 Fashion Jewelry Consumer Survey, revealing a record low purchase rate and a trend…
【Antwerp, Bel】In Antwerp, Diamond Traders Have the Blues: “The Belgian State Treats Us Like Criminals, the Entire Luxury Industry Is Leaving”
Editor’s NoteThis dispatch from Antwerp’s historic diamond district captures a moment of profound crisis for a traditional industry. The personal…
【Cuba, United】Western Union Suspends Money Transfers to Cuba from the United States
Editor’s NoteThis article discusses the suspension of Western Union’s remittance services to Cuba, a move attributed to recent U.S. sanctions policy….