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‘Diamond exports to US halve as 50% tariffs bite’

contact@dailyupdatesindia.com1 month ago02 mins

MUMBAI: Export of diamonds from India to the US has nearly halved after President Trump slapped a 50% tariff on the country, plunging the industry into a crisis, said Al Cook, CEO at De Beers Group, adding that there hasn’t been a large scale “relocation” of Indian industry to other countries, though, as stakeholders are…

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