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Surat's diamond & textile industries left in limbo as Trump tariffs kick in
The New Indian Express Shivamogga
|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.
Bu hikaye The New Indian Express Shivamogga dergisinin August 31, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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