US Tariff Hits Jaipur's Rs. 3,200 Crore Jewellery Exports
Jaipur's world-renowned jewellery industry is facing a major crisis after the US imposed a 50% tariff on imports. With annual exports worth Rs. 3,200 crore to the US, jewellers report a complete halt in orders, especially ahead of the crucial holiday season. The impact is being felt across the city's traditional markets, export units, and among the 3 lakh workers dependent on the trade. Industry leaders warn of mounting losses, job cuts, and urge government intervention to cushion the blow.
