The USA Tariff threatened Indian Gems and Jewellery Exports:
The USA Tariff threatened Indian Gems and Jewellery Exports:

The United States imposes mutual tariff rates that can kill India’s rapidly growing gems and jewellery sectors. India, a large exporter of diamonds and gold jewellery, is facing potential losses due to an increase in export costs. Industry leaders are afraid to reduce demand and competition in the global market. The government is looking for solutions to reduce the impact in this area of high value.

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