Goa, Aug. 27 -- The new round of US tariffs imposed by President Donald Trump has landed a heavy blow on India's export economy, particularly in labour-intensive industries. Beginning this week, two-thirds of Indian goods entering the American market are subject to duties as high as 50 per cent , double the earlier rate of 25 per cent.

The most severely affected sectors include gems and jewellery, textiles and apparel, auto parts, seafood, carpets, handicrafts, leather goods, and agriculture. Gems and jewellery alone contribute $10 billion in exports to the US annually, about 40 per cent of India's global trade in the segment. Surat's diamond polishing units and Mumbai's jewellery hubs are already reporting slower orders.

Seafood export...