Here’s an email I just received- it’s from one of the largest diamond cutter/ dealers in the world right now. They’re based in India. Maybe just a push for sales???
Or will we see broad based increases??
I'm writing to inform you about a potential increase in import tariffs that may affect the pricing of our products. We have received information indicating that import tariffs are expected to increase by 15-20%, and this change may take effect as early as April 2nd.
To ensure you can secure the current pricing and avoid any additional costs, I recommend placing your order before this tariff change occurs. I understand that you may need some time to evaluate your needs and make a decision, so please don't hesitate to reach out if you have any questions or concerns. I'm here to help you navigate this situation and ensure you get the best possible value.