A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Weak Market and Product Mix Dent Petra Revenue
Sales value down 24% in fourth quarter and flat for full year.
Latest US Tariffs Threaten India’s Diamond Exemption
Duties on polished from Belgium now 10%, AWDC believes.
US President Donald Trump’s fresh imposition of 10% import duties has thrown India off its track toward a tariff exemption for diamonds and appears to have stripped Belgium of its 0% rate.
The White House introduced the global levy last Friday, replacing the previous tariff regime after the…
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