【Antwerp, Bel】First Industry ‘Sentenced to Death’ by Tariffs: Shipments Plummet to Just 14%

Editor’s NoteThis article examines the severe impact of recent U.S. tariff measures on the global diamond industry, highlighting a dramatic decline…

Global Diamond Market Also ‘Staggers’… Trading Plummets 85%

Editor’s NoteThis article examines shifting dynamics in the global diamond industry, highlighting the Netherlands’ role as a key European hub and the…

【France】Luxury Leader LVMH Reports Weak Q1 Performance… Also Hit by Tariff Fears

Editor’s NoteLVMH, the world’s leading luxury group, reported a slight year-on-year revenue decline of 1.9% for Q1 2024. This result underscores the…

【USA】US Tariffs Impact International GIA Services

Editor’s NoteThe GIA has temporarily suspended sending diamonds from international locations to its U.S. labs for processing. Clients are advised to…

【South Korea】Trump’s Tariff Crisis: How Should Korean Consumer Goods Companies Respond?

Editor’s NoteThis article outlines the immediate implications of recent U.S. tariff announcements, including a significant hike on Chinese goods and…

【New Delhi, I】Oh My God! Trump Tariffs Have Truly Unleashed a Mountain of Trouble on These Businesses

Editor’s NoteThis article examines the immediate impact of new U.S. tariff rates on key Indian export sectors, highlighting the uneven consequences…

【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…

【USA】The Tariff Chaos Generated by Trump is Contributing to Delivery Delays for Goods

Editor’s NoteThis personal account highlights the growing unpredictability of package deliveries amid shifting trade policies. The author’s…

【India, USA】India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura

Editor’s NoteThis article discusses a Nomura report indicating India may cut tariffs on over 30 items and boost purchases of U.S. defense and energy…