ECONOMY
Goyal Calls For WTO-Compliant Approach To Global Trade Distortions
Union Commerce and Industry Minister Piyush Goyal has called for a WTO-compliant approach to addressing global trade distortions, while emphasising the need to preserve policy space for developing countries to industrialise. Goyal made the remarks at the concluding day of the G20 Trade Ministers’ Meeting in Milwaukee, Wisconsin, where he participated in discussions on structural […]
CW Bureau
·
Oct 2, 2026
ECONOMY
United States Retains 10% Tariff On Indian Gem, Jewellery Exports
The United States has replaced its temporary Section 122 surcharge with a Section 301 tariff regime, retaining a 10% additional duty on Indian gem and jewellery exports from July 24. The tariff applies to natural diamonds, lab-grown diamonds, coloured gemstones and jewellery. Unlike the earlier Section 122 surcharge, the new Section 301 tariff has no […]
CW Bureau
·
Jul 24, 2026
RETAIL/FMCG
AGTA Flags Proposed US Tariffs Could Impact Global Gemstone Trade
The American Gem Trade Association (AGTA) has cautioned its members about proposed U.S. tariffs that could affect gemstone and jewellery imports from India and several other major trading partners. According to AGTA, the U.S. Trade Representative (USTR) has proposed tariffs of 10% or 12.5% on nearly all imports linked to forced labour concerns following a […]
CW Bureau
·
Jun 8, 2026
