How is the jewellery sector coping with U.S. tariffs? | Explained
Craftsmen work on diamonds inside a diamond processing unit in Surat, on April 3, 2025. | Photo Credit: REUTERS The story so far: India’s diamond and jewellery sector has been hit due to the U.S. tariffs. While the U.S. has imposed a 50% import duty on India’s cut and polished diamonds, it has imposed a…
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