India-US Trade Deal: Gems, Jewellery Sector Anticipate Export Boost As US Tariffs Drop To 18% by NDTV Profits | February 3, 2026 7:14 pm | Latest Posts, Market, Trending News On the domestic front, All India Gem and Jewellery Domestic Council (GJC) chairman Rajesh Rokde said the reduction in US tariffs marks a pivotal moment for India’s gems and jewellery sector.