India-US trade deal to boost gems and jewellery exports
India's gems and jewellery industry welcomes the India-US tariff agreement, which reduces tariffs to zero, potentially reviving over 50% of stalled exports. This historic deal is expected to significantly enhance bilateral trade and market access for Indian products.
pre-market1 source ↓written by the desknot a recommendation
- of exports
- 50%
Leading figures in India’s gems and jewellery sector hailed the recent tariff agreement with the US, viewing it as a historic step to enhance exports. Previously, over 50% of exports were stalled due to high tariffs. With tariffs now at zero, a significant market opportunity opens for Indian exporters, benefiting both economies.
Not investment advice. For informational purposes only.