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Surat's diamond & textile industries left in limbo as Trump tariffs kick in
August 31, 2025
|The New Indian Express Tirunelveli
WITH US President Donald Trump's 50% tariff on Indian goods now in effect, Gujarat's Surat—a city reliant on its diamonds and textile industries—faces an unprecedented disruption. Exports worth billions have stalled, artisans fear mass unemployment, and desperation is already pushing some former workers into crime. The crisis has snowballed from factories to families, threatening not just trade but the city's social fabric.
Surat's sparkle dims as a new tariff wall rises in the US, slashing demand for diamonds and textiles overnight.
Jayanti Savaliya, regional president of the Gem and Jewellery Export Promotion Council (GJEPC), warned that the new pricing will drive American buyers away.
هذه القصة من طبعة August 31, 2025 من The New Indian Express Tirunelveli.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Tirunelveli
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