‘Diamond exports to US halve as 50% tariffs bite’
India's diamond exports to the US have significantly declined due to a 50% tariff, impacting the industry. Despite this, stakeholders remain hopeful for a trade deal that would eliminate tariffs on natural diamonds. The US remains a crucial market, with India poised to become the second-largest consumer of natural diamonds globally.
India's diamond exports to the US have significantly declined due to a 50% tariff, impacting the industry. Despite this, stakeholders remain hopeful for a trade deal that would eliminate tariffs on natural diamonds. The US remains a crucial market, with India poised to become the second-largest consumer of natural diamonds globally. What's Your Reaction?
