India’s $32 billion gems & jewellery industry braces for sharp fall after Trump’s tariff announcement – ET Retail
Representative image India’s USD 32 billion gems and jewellery industry is facing significant challenges, with experts predicting a sharp decline in exports following the announcement of hefty U.S. tariffs, according to a Reuters report. The new tariffs, which will affect the sector’s largest market, are expected to impede India’s ability to maintain its position as…