Surat, Sept. 3 -- The diamond industry in Gujarat's Surat is facing a severe crisis due to the imposition of a 50% tariff by the United States on Indian diamond imports.

Speaking to ANI, diamond trader Umesh Munjapara and Kiran Suthar have reported that all their orders from the US are being cancelled, and new orders are not being placed, causing significant problems in the business.

Umesh Munjapara stated that traders are now looking to expand their businesses beyond the US, exploring opportunities in the domestic market and other countries.

Umesh said, "The diamond business has been affected a lot. All our orders from America are getting cancelled, and new orders are not coming in, causing a lot of problems in the diamond business......