Gems and jewellery exporters rush US shipments ahead of a possible tariff deadline
The Economic Times reports that exporters in Mumbai and Surat have extended working hours to clear US holiday orders before October 16, amid uncertainty over possible duties.
TLDR
The Economic Times reports that gems and jewellery exporters in Mumbai’s SEEPZ and Surat’s diamond-cutting hub are stepping up production and rushing shipments to the US. They are trying to clear Christmas and holiday-season orders before October 16, amid uncertainty over possible duties under the Sanctioning Russia and Iran Act.
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