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Indian diamond exports to the U.S. face a predicted 10% drop due to a new tariff and market challenges.
Crisil Ratings predicts a 10% decline in Indian diamond exports to the U.S. due to a new 10% tariff, affecting one-third of India's exports.
The tariff, along with reduced demand and growing competition from lab-grown diamonds, is expected to lower export revenues by 8-10%.
However, improved inventory management may help mitigate these declines and protect operating margins.
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Las exportaciones indias de diamantes a los Estados Unidos se enfrentan a una caída prevista del 10% debido a un nuevo arancel y desafíos de mercado.