The American Gem Trade Association (AGTA) has warned members about proposed U.S. tariffs that could affect gemstone and jewellery imports from India and other key trading partners.
According to AGTA, the U.S. Trade Representative (USTR) has proposed tariffs of 10% or 12.5% on nearly all imports linked to forced labour following a Section 301 investigation covering 60 trading partners, including India, Sri Lanka, Thailand, Cambodia, Australia and the European Union.
The proposed measures are intended to replace the temporary 10% global surcharge currently in effect through 24 July. AGTA noted that gemstones are not included in the list of exempted products.
The proposal remains subject to public comment, hearings and further review in July.
AGTA also highlighted USTR’s proposal to establish a new U.S.-China Board of Trade, which could help identify products eligible for future tariff modifications. The association said it is assessing potential implications and opportunities for the gemstone sector.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
✨ ONLY 6 DAYS TO GO! ✨
DJGF 2026 is almost here! 💎
750+ Exhibitors | 2,00,000+ Designs | 5 Halls
📅 26–28 Sept 2026
📍 Bharat Mandapam, New Delhi
Discover collections, connect with industry leaders & unlock new opportunities.
🔗 Register Now: https://djgfregistration.jewelleryfair.in/exhibitor_reference_registration/?ref=marketing
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
