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Posted by
Two Blokes May 27 -
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General
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#TwoBlokesTrading
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Diamonds face a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds. The tariff uncertainty comes at a time when the luxury industry at large is already contending with a slowdown in demand after a post-pandemic boom and an economic slump in China.
