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  • Daily Life In Guangzhou, China
    DUKAS_184430203_NUR
    Daily Life In Guangzhou, China
    Assorted candy products are for sale at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430257_NUR
    Daily Life In Guangzhou, China
    A Huawei store is open at a mall as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430256_NUR
    Daily Life In Guangzhou, China
    People ride electric bicycles (e-bikes) on the highway as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430234_NUR
    Daily Life In Guangzhou, China
    Customers walk past a Huawei store as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430233_NUR
    Daily Life In Guangzhou, China
    A Xiaomi store is open at a mall as daily life continues in Guangzhou, China, on May 8, 2025. In 2025, the US-China trade conflict escalates significantly under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430178_NUR
    Daily Life In Guangzhou, China
    Assorted agricultural products are for sale at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. In 2025, the US-China trade conflict escalates significantly under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430165_NUR
    Daily Life In Guangzhou, China
    Assorted agricultural products are for sale at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. In 2025, the US-China trade conflict escalates significantly under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430157_NUR
    Daily Life In Guangzhou, China
    Mango, a large export product from Thailand to China, is on display at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. In 2025, the US-China trade conflict escalates significantly under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430156_NUR
    Daily Life In Guangzhou, China
    Large bins of rice and beans are on display at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430131_NUR
    Daily Life In Guangzhou, China
    Durian, a large export product from Thailand to China, is on display at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. In 2025, the US-China trade conflict escalates significantly under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • Daily Life In Guangzhou, China
    DUKAS_184430104_NUR
    Daily Life In Guangzhou, China
    Bicycle and motor traffic, including a public bus, pass down a main road as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485543_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces are displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485542_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Customers check gold necklaces and earrings during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485613_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A man displays diamond bangles during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485606_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold bangles are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485603_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Customers check diamond necklaces and earrings during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485599_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485598_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold bangles are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485597_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485596_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485595_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold earrings are displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485594_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A man displays gold bracelets during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485593_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485592_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A gold necklace is displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485591_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A diamond necklace and earrings are displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485589_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485587_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A diamond necklace is displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485585_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485582_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A man displays gold bracelets during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485547_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485546_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    Gold necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485545_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A man displays gold bangles during a jewelry exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewelry industry braces for a sharp decline in exports, as hefty U.S. tariffs are expected to hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)

     

  • India‚Äôs Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    DUKAS_183485544_NUR
    India’s Jewellery Exports Face Steep Decline Amid U.S. Tariffs
    A burqa-clad girl walks past a billboard for a jewellery exhibition in Srinagar, Jammu and Kashmir, on April 12, 2025. India's $32 billion gems and jewellery industry braces for a sharp decline in exports, as hefty U.S. tariffs hinder overseas sales to its largest market, industry officials say. However, the U.S. announces a 90-day suspension of the additional tariffs on India, effective until July 9 this year, according to a White House executive order. On April 2, U.S. President Donald Trump imposes universal duties on goods from about 60 countries, along with additional steep levies targeting nations such as India. In response to the U.S. tariffs, China retaliates by increasing duties on American goods from 84% to 125% as part of its latest round of measures, further escalating trade tensions between the two economic giants. (Photo by Firdous Nazir/NurPhoto)