Home Business U.S. Tariffs Put Pressure on India’s Diamond Exports

U.S. Tariffs Put Pressure on India’s Diamond Exports

By
Business Editor - Nikhil Bhatt
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4
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India’s cut and polished diamond exports face a 17–20% decline this fiscal due to higher U.S. tariffs. The added duties have raised costs in the American market, dampening demand and reducing export values to about $11 billion. The U.S. is India’s largest market, accounting for ~40% of global demand. With

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