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New US Section 301 tariff puts Indian gems & jewellery exports under pressure
Duty-free access for rival diamond hubs such as Belgium offsets benefit of India’s tariff advantage over China, Vietnam and some other competing countries
Pulse Bharat · Why it matters
Read the original at The Hindu BusinessLine ↗
Indian gem and jewellery exporters may face increased competition from rival countries due to the new US tariff, potentially impacting their business and revenue.