US tariffs
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Surat’s Diamond Trade Got US Tariff Relief, Then Lost It Again
Surat’s diamond exporters cheered a February tariff cut, but a new US duty that took effect in July has erased much of that relief.
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US Tariff Hike Causes 100,000 Job Losses in Gujarat’s Diamond Sector
The diamond cutting and polishing industry in Gujarat’s Saurashtra region is in crisis. A steep increase in tariffs imposed by the United States has led to the loss of nearly…
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Tariff Crisis Hits Surat’s Diamond Export Industry Hard
Surat’s diamond industry is facing a significant crisis after the US announced a new 25% tariff on imports from India. This news comes just months before the critical Christmas season,…