Indian gems, jewellery industry calls Trump tariff 'significant burden'

Quick Summary:

Trump's 27% tariff on Indian exports: Who gains and who takes the hit? Real estate attracts $1.

However, now US tariffs on Indian imports have gone up by 27 per cent.

Indian duties on US exports ranged from 5 per cent to 25 per cent (highest on imitation jewellery).

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Article Details

Category: BusinessFinance

Markets: India

Topics: India-US trade Silver jewellery tax Gold jewellery duties GJEPC statement Platinum jewellery Indian gems and jewellery Bilateral trade agreement Indian jewellery exporters Global supply chains Trade imbalance 27% import duty US tariffs Tariff on diamonds Jewellery export challenges Trump tariff impact

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 12:39:04 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27557427

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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