【Surat, India】US Tariff Brings the Hammer Down on Already Beleaguered Diamond Industry
Editor’s NoteRising tariffs are impacting more than just Surat’s diamond sector, posing a broader threat to India’s $32-billion gems and jewellery…
Editor’s NoteRising tariffs are impacting more than just Surat’s diamond sector, posing a broader threat to India’s $32-billion gems and jewellery…
Editor’s NoteThe government’s decision to maintain the current GST rate on gems and jewellery has elicited a divided response from the industry….
Editor’s NoteThis article examines the recent escalation of U.S. import tariffs on India to 50%, highlighting the dual rationale of trade deficit…
Editor’s NoteThe recent doubling of US tariffs on Indian gems and jewellery to 50% presents a significant challenge for one of India’s key export…
Editor’s NoteThe U.S. has imposed significant new tariffs on a range of Indian goods, a move trade experts warn could render key exports unprofitable…
Editor’s NoteThis article explores how Surat, India, earned its title as the ‘Diamond City,’ detailing the industry’s six-decade rise to process over…
Editor’s NoteThis article highlights the immediate economic pressures facing India’s gemstone industry following recent U.S. tariff announcements….
Editor’s NoteThe recent US tariff adjustments are poised to have a significant impact on key Indian export sectors, particularly MSMEs. This analysis…
Editor’s NoteThe U.S. has announced a new 25% tariff on Indian goods, effective August 27, raising total duties on some imports to 50%. This analysis…
Editor’s NoteThis article highlights the severe impact of recent US tariff hikes on India’s diamond industry, resulting in massive job losses in…