{"id":31839,"date":"2025-05-30T14:22:32","date_gmt":"2025-05-30T08:52:32","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=31839"},"modified":"2025-05-30T14:22:32","modified_gmt":"2025-05-30T08:52:32","slug":"us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/","title":{"rendered":"US Court Ruling Brings Temporary Relief to Indian Gem &#038; Jewellery Exporters"},"content":{"rendered":"<p>In a welcome move for Indian gem and jewellery exporters, a US Federal court has blocked President Donald Trump\u2019s controversial \u2018Liberation Day\u2019 tariffs, which had threatened to significantly raise duties on imported goods, including jewellery. As reported by <em>The Hindu Business Line<\/em>, this legal decision comes as a relief for an industry that was bracing for a steep hike in tariffs from 6% to 26%.<\/p>\n<p>The Court of International Trade in Manhattan declared the executive orders issued on 2 April as \u201cunlawful\u201d. These directives sought to impose a 10% baseline tariff on most US imports, with even higher duties targeted at countries with major trade surpluses, such as China, the European Union \u2014 and initially, India. The 26% tariff on Indian gem and jewellery exports was originally set to take effect on 9 April but had been deferred to 9 July pending legal proceedings.<\/p>\n<p>According to <em>The Hindu Business Line<\/em>, the proposed tariff hikes would have significantly burdened exporters. For instance, SEEPZ-based jewellery exporters \u2014 64% of whose $3.5 billion annual shipments go to the US \u2014 would have seen their upfront duties skyrocket from $60,000 to $320,000 per million-dollar consignment. This would have placed immense strain on exporter cash flows amid already sluggish global demand.<\/p>\n<p>While the US court\u2019s ruling doesn\u2019t resolve all industry concerns, it offers a crucial reprieve and underscores the importance of policy stability in maintaining India\u2019s position as a leading player in the global gem and jewellery trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a welcome move for Indian gem and jewellery exporters, a US Federal court has blocked President Donald Trump\u2019s controversial \u2018Liberation Day\u2019 tariffs, which had threatened to significantly raise duties on imported goods, including jewellery. As reported by The Hindu Business Line, this legal decision comes as a relief for an industry that was bracing&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-31839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Court Ruling Brings Temporary Relief to Indian Gem &amp; Jewellery Exporters - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Court Ruling Brings Temporary Relief to Indian Gem &amp; Jewellery Exporters - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"In a welcome move for Indian gem and jewellery exporters, a US Federal court has blocked President Donald Trump\u2019s controversial \u2018Liberation Day\u2019 tariffs, which had threatened to significantly raise duties on imported goods, including jewellery. As reported by The Hindu Business Line, this legal decision comes as a relief for an industry that was bracing&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-30T08:52:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2025\/05\/Liberation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2025\/05\/Liberation.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/\",\"name\":\"US Court Ruling Brings Temporary Relief to Indian Gem & Jewellery Exporters - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/#primaryimage\"},\"datePublished\":\"2025-05-30T08:52:32+00:00\",\"dateModified\":\"2025-05-30T08:52:32+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/us-court-ruling-brings-temporary-relief-to-indian-gem-jewellery-exporters\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/31839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=31839"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/31839\/revisions"}],"predecessor-version":[{"id":31841,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/31839\/revisions\/31841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/31840"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=31839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=31839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=31839"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=31839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}