US tariffs set to cripple India’s diamond industry, hurting jobs, exports
US takes more than 30% of India's jewellery exports.
A report published by Rapaport this week reveals that polished-diamond prices declined in April with 1- carat diamonds sliding 1% year-to-date and 3-carat diamonds falling by 6.1% year-to-date. Right behind 3-carat diamonds, the price of 0.30-carat diamonds fell by 5.9%...
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