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2025-04-05 19:30:19

Layer3.news on Nostr: yahoo.com_3 US TARIFFS SET TO CRIPPLE INDIA'S DIAMOND INDUSTRY, HURTING JOBS, EXPORTS ...


US TARIFFS SET TO CRIPPLE INDIA'S DIAMOND INDUSTRY, HURTING JOBS, EXPORTS

https://media.zenfs.com/en/reuters.com/4d074fec5789cb09f3803f951fd35415
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✍️ A wave of anxiety has gripped India's diamond polishing hub of Surat as hefty US tariffs threaten to undermine the country's gem and jewellery exports, putting thousands of workers' livelihoods at risk.
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👉 India's diamond polishing hub of Surat is facing a wave of anxiety due to US tariffs
👉 US tariffs could lead to a decline in demand and job losses in the industry
👉 Smaller manufacturers may have to shut down due to the tariffs
👉 India's gem and jewellery exports to the US totalled $10 billion in the fiscal year 2023/24
👉 India's gem and jewellery industry is trying to adapt to the new tariffs

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#DineshNavadiya #MansukhMangukiya #SevantiShah #ShaunakParikh #VipulShah #ChetanNavadiya #NarendraModi #Surat #India #UnitedStates #Gujarat #Pentagon #business
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https://media.zenfs.com/en/reuters.com/4d074fec5789cb09f3803f951fd35415

https://finance.yahoo.com/news/us-tariffs-set-cripple-indias-105555988.html

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