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
ECONOMY
What Benefits Each Sector Gets Out Of US–India Trade Deal
Manufacturing & Exports: Clear Positive Impact: High Lower tariffs immediately improve price competitiveness for Indian exports to the US. Labour-intensive and manufacturing-led sectors stand to benefit the most. Key beneficiaries: Auto component, engineering goods, industrial machinery, chemicals and specialty materials. Why it matters: With tariffs reduced to 18%, Indian exporters regain lost ground against Asian […]
CW Bureau
·
Feb 3, 2026
