India’s $11 billion gems & jewellery exports to US may take a back seat as Trump slaps 26% tariff

India's gems and jewellery industry faces significant challenges due to the US imposing a 27% tariff on imports. This decision is expected to cause a major disruption in the sector, leading American retailers to stall new orders. The industry's workers, especially those in SEEPZ, may face job losses in the short term.