Archive · 24 Jul 2026

US 10% Tariff Threatens India's Gem & Jewellery Exports

US 10% Tariff Threatens India's Gem & Jewellery Exports

The United States has decided to put a 10% tax on things it buys from India, like gems and jewellery.

The people who sell these things from India are worried because this tax might make their products more expensive in the US.

They think this could hurt their business and the people who work in this industry.

The leader of the group that represents these sellers, Rajesh Rokde, said this tax will make it harder for them to sell their products in the US.

He asked the Indian government to talk to the US to fix this problem.

The gem and jewellery business is very important for India because it sells a lot of things to other countries and gives jobs to many people.

Sources