
Trump tariffs cut deep into India’s diamond industry
Gemstone hub of Surat struggled with falling demand even before US president upended global trade with new barriers
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Gemstone hub of Surat struggled with falling demand even before US president upended global trade with new barriers
Full ArticleThe India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New..
Industry body warns that more than $100bn is at risk if the precious stones are not exempted from duties