India-US trade deal boosts gems and jewellery exports
after close1 source ↓written by the desknot a recommendation
- to the US
- 50% of exports
The recent tariff agreement between India and the US is seen as a historic step for the gems and jewellery sector. Industry leaders report that over 50% of exports to the US had stalled due to high tariffs. With tariffs now at zero, Indian exporters can access a significant market, enhancing bilateral trade.
This deal is expected to revive exports and benefit both economies, particularly as US chain stores and independent jewellers can now source more from India.
Not investment advice. For informational purposes only.