Event JSON
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"US tariffs set to cripple India's diamond industry, hurting jobs, exports"
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"The US has set a 27% reciprocal tariff on India's gem and jewellery exports, which could lead to a decline in demand and job losses. The industry is trying to figure out how to adapt to the new tariffs, but many smaller manufacturers may have to shut down. India's gem and jewellery exports to the US totalled $10 billion in the fiscal year 2023/24, making it the country's third-largest export to the US."
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