Poging GOUD - Vrij
Surat's diamond & textile industries left in limbo as Trump tariffs kick in
The Morning Standard
|August 31, 2025
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.
Dit verhaal komt uit de August 31, 2025-editie van The Morning Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Morning Standard
The Morning Standard
BJP, JD(U) get 101 seats each in NDA’s Bihar deal, 29 for Chirag
Jitan Manjhi’s HAM Upendra Kushwaha’s RLM will contest six seats each, INDIA bloc leaders say all issues will be resolved amicably
2 mins
October 13, 2025
The Morning Standard
TIME FOR A SAMVAD ON THE SANGH
Several facts and facets of the RSS’s extraordinary history remain not properly explained or understood. No wonder it has remained somewhat of an enigma for many
4 mins
October 13, 2025
The Morning Standard
First tri-services exercise held against aerial threat
Prowess of indigenous drone tech, unmanned vehicles on display
1 mins
October 13, 2025
The Morning Standard
REFORMS WITHOUT BOMBAST: MODI GOVT STREAMLINES PROCESSES
WHEN, it comes to economic reforms, in our obsession to look for big-bang, news-worthy headlines we tend to miss out on seemingly smaller developments.
3 mins
October 13, 2025
The Morning Standard
Should you invest in realty near new airports?
Property prices around airports have risen sharply in 3-5 years as against average rise in key metro markets
2 mins
October 13, 2025
The Morning Standard
ISSUES RAISED BY DU V-C DEMAND DEBATE NOT DIATRIBE
DELHI University Vice Chancellor Yogesh.
3 mins
October 13, 2025
The Morning Standard
The canvas is the mirror
Self-portraits, colourful markets of Uzbekistan to lush green Kerala landscapes... The exhibition Mirror Man, Mirror Me’, isa showcase in Delhi of one of Shibu Natesan’s largest watercolour collections.
2 mins
October 13, 2025
The Morning Standard
Haaland grabs hat trick for Norway, Ronaldo goalless in Portugal’s win
ERLING Haaland further enhanced his superstar reputation with a hat trick for Norway in a 5-0 home win against Israel while Cristiano Ronaldo drew a blank as Portugal beat Treland 1-0 in World Cup qualifying on Saturday.
1 min
October 13, 2025
The Morning Standard
Chennai firm CEO’s statement recorded in Sabarimala row
THE special investigation team (SIT) has intensified its probe into the alleged misappropriation of gold at the Sabarimala temple.
1 min
October 13, 2025
The Morning Standard
Two senior Customs officials shunted out
TEN days after private firm Wintrack levelled corruption allegations against Chennai Air Cargo Customs, the Central Board of Indirect Taxes and Customs (CBIC) on Saturday transferred the agency's commissioner and deputy commissioner.
1 min
October 13, 2025
Listen
Translate
Change font size