Trump tariffs cut deep into India’s diamond industry

Trump tariffs cut deep into India’s diamond industry

Gemstone hub of Surat struggled with falling demand even before US president upended global trade with new barriers

The Spanish defense industry will be able to benefit from the line of ICO guarantees approved by the government to deal with the trade war unleashed by the tariffs imposed by the Trump administration. The Council of Ministers agreed on April 15 to establish the terms and conditions of the first tranche of the line of guarantees to finance companies, as an urgent measure of response to the tariff threat. That first tranche of guarantees amounts t…

Black Diamond, Tariffs and the Economics of Skiing

Featured Image: Gabe Rovick Last week, Black Diamond Equipment publicly announced it will increase MSRP prices on most of its goods in the United States by 10-25% beginning on May 5, 2025. The increases are in response to “the recent wave of global tariffs introduced by the Trump Administration,” according to the official statement. BD will honor all original pricing for May preseason shipments, with all U.S. item pricing being updated on June 1…

Trump Tariffs: Cape Town’s boat-building industry faces ‘existential threat’

The City of Cape Town has urged the National Government to intervene amid the US tariff threat to the local boat-building sector.   The Mayoral Committee Member for Economic Growth, James Vos, has written to the Minister of Trade, Industry and Competition, Parks Tau, to express serious concerns over the potential impact of the significant tariffs imposed by the United States on boat imports from South Africa.   ALSO READ: Wesgro supporting expor…