US retains 10% tariff on Indian gems, jewellery, keeping pressure on exports | Ahmedabad News
Ahmedabad: Indian gem and jewellery exporters will continue to face an additional 10% US tariff after US brought a new Section 301 tariff regime into force on July 24. Industry leaders said the move would hurt exports despite giving India an edge over several competing manufacturing hubs.Calling the levy “unjustified”, Gem & Jewellery Export Promotion…