Update from GIA about tariffs on gems and jewelry being shipped into the US

[lala646]

I just received the following email from GIA and wanted to share. Mods, kindly move this thread if it's not in the correct forum.

 

[tyty333]

Can I post a link to what Rapaport put out @lala646 ?

It's a pretty quick read and contains % of tariffs which is helpful.

Diamond and Jewelry Trade Braces for Impact of US Tariffs

The US has placed tariffs of 10% on imports from all countries and higher duties on India, prompting concern and uncertainty in the industry.

rapaport.com

 

[lala646]

Can I post a link to what Rapaport put out @lala646 ?

Absolutely!!

 

[lala646]

Can I post a link to what Rapaport put out @lala646 ?

It's a pretty quick read and contains % of tariffs which is helpful.

Diamond and Jewelry Trade Braces for Impact of US Tariffs

The US has placed tariffs of 10% on imports from all countries and higher duties on India, prompting concern and uncertainty in the industry.

rapaport.com

Thank you! Very helpful information.