Key Highlights India’s gem and jewellery export sector will continue to face an additional 10% U.S. tariff under the newly implemented Section 301 tariff regime. However, the country has secured placement in the lower tariff band compared with several competing manufacturing and trading hubs, according to the Gem & Jewellery Export Promotion Council (GJEPC). The…
The All India Gem and Jewellery Domestic Council (GJC) says the new U.S. tariff could impact India’s jewellery export competitiveness and urges swift diplomatic engagement. The All India Gem and Jewellery Domestic Council (GJC) has expressed concern over the United States government’s decision to impose a 10% tariff on imports from India under Section 301,…
