Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The WDC called on the United States to protect the jewelry industry from duties

May, 05 2025

The World Diamond Council (WDC) has asked the US authorities to exclude natural diamonds from the list of goods subject to import duties. The council emphasizes that such a measure is necessary to protect the national diamond sector, which has a turnover of $117 billion per year, while creating about 200,000 jobs. The organization's statement emphasized that there is no diamond mining in the United States, and their import plays a key role in maintaining the stability and development of the... Read More

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