
As US tariff threatens to chop deep, diamond trade seems to outlive underneath strain
Ahmedabad: US President Donald Trump’s 26% adjusted reciprocal tariff on Indian imports is predicted to adversely affect India’s gems and jewelry trade and deepen the disaster in India’s diamond sprucing trade. Craftsmen work on diamonds inside a diamond processing unit in Surat, on April 3 (REUTERS) America accounted for roughly 30% of India’s gems and…