Policies & IssuesAug 06, 2025
Tariff on India to Rise to 50%, Trump Says Policies & IssuesAug 12, 2025
Higher Tariff on Chinese Imports Paused for 90 Days, Trump Says
President Donald Trump issued an executive order extending the pause on higher tariffs to November as negotiations with China continue.
In an executive order issued Monday, President Donald Trump extended the pause on higher tariffs on Chinese imports for another 90 days.
Washington, D.C.—President Donald Trump has delayed higher tariffs on goods from China for another 90 days.
In an executive order issued Monday, Trump extended the truce deadline to November, prolonging the delay just hours before the initial pause was set to expire on Tuesday.
The U.S. and China had reached a temporary deal in May to lower the tariffs for 90 days while negotiations took place.
The countries tentatively settled on a 30 percent tax on Chinese goods (including goods from Hong Kong) imported to the U.S. and a 10 percent tax on U.S. imports to China.
Notably, the current 30 percent tariff on Chinese goods is assessed in addition to whatever pre-existing 301 tariffs importers already are paying on the goods they bring in from China.
If the pause on higher tariffs had not been extended, the tariff on Chinese goods imported to the U.S. and vice versa would have returned to their peak levels in April.
At that time, Chinese imports were subject to a 145 percent tariff with a retaliatory 125 percent duty on U.S. goods in China.
China's Commerce Ministry issued a parallel pause on extra tariffs Tuesday, according to a Reuters report, noting representatives for the two countries met in Stockholm, Sweden, in late July to continue talks.
“The 90-day pause with China is giving a brief sigh of relief from wholesalers and retailers in the U.S., as a tariff of 145 percent would be difficult to handle,” said Jewelers of America President and CEO David Bonaparte.
“China is the world’s leading producer of freshwater pearls, and many U.S. wholesalers and retailers source pearls as well as other products from China. We remain hopeful for a negotiated better deal. We continue to work with our legislative team in Washington, D.C. on tariffs and other issues affecting our members.”
The U.S. jewelry industry is also up against a 50 percent tariff on goods imported from India, where the majority of the world’s diamonds are cut and polished.
The extension to early November will also allow U.S. retailers to stock up just ahead of the holiday season.
Related stories will be right here …
In an executive order issued Monday, Trump extended the truce deadline to November, prolonging the delay just hours before the initial pause was set to expire on Tuesday.
The U.S. and China had reached a temporary deal in May to lower the tariffs for 90 days while negotiations took place.
The countries tentatively settled on a 30 percent tax on Chinese goods (including goods from Hong Kong) imported to the U.S. and a 10 percent tax on U.S. imports to China.
Notably, the current 30 percent tariff on Chinese goods is assessed in addition to whatever pre-existing 301 tariffs importers already are paying on the goods they bring in from China.
If the pause on higher tariffs had not been extended, the tariff on Chinese goods imported to the U.S. and vice versa would have returned to their peak levels in April.
At that time, Chinese imports were subject to a 145 percent tariff with a retaliatory 125 percent duty on U.S. goods in China.
China's Commerce Ministry issued a parallel pause on extra tariffs Tuesday, according to a Reuters report, noting representatives for the two countries met in Stockholm, Sweden, in late July to continue talks.
“The 90-day pause with China is giving a brief sigh of relief from wholesalers and retailers in the U.S., as a tariff of 145 percent would be difficult to handle,” said Jewelers of America President and CEO David Bonaparte.
“China is the world’s leading producer of freshwater pearls, and many U.S. wholesalers and retailers source pearls as well as other products from China. We remain hopeful for a negotiated better deal. We continue to work with our legislative team in Washington, D.C. on tariffs and other issues affecting our members.”
The U.S. jewelry industry is also up against a 50 percent tariff on goods imported from India, where the majority of the world’s diamonds are cut and polished.
The extension to early November will also allow U.S. retailers to stock up just ahead of the holiday season.
Jewelers Vigilance Committee CEO and General Counsel Sara Yood said she was glad that JVC members doing business in China would have more time to make adjustments.
A moment of stability would be welcome amid the current uncertainty, she said.
“The volatility of the tariff rates makes it exceedingly difficult for long-term planning; an extension—and the resultant, albeit temporary, stability—may help businesses navigate this challenging environment,” she said.
The evolving tariff situation has led to confusion and instability for many business owners as they try to plan their next move.
The reciprocal tariffs, introduced in early April, were soon after paused and then delayed several times before going into effect with some adjustments.
In a Truth Social post Monday, Trump suggested that China could reduce its trade deficit with the U.S. through more soybean orders.
“China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans. I hope China will quickly quadruple its soybean orders,” he said.
While there have not been reports of China placing more soybean orders, the price of soybeans did rise after Trump’s post.
“The United States continues to have discussions with the [People’s Republic of China] to address the lack of trade reciprocity in our economic relationship and our resulting national and economic security concerns,” said Trump in the executive order.
“Through these discussions, the PRC continues to take significant steps toward remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national security matters.”
Editors' Picks
Sponsored by
More on Policies & Issues
The Latest
CrimeFeb 13, 2026
JSA Offering $10K Reward in Nancy Guthrie Case Guthrie, the mother of “Today” show host Savannah Guthrie, was abducted just as the Tucson gem shows were starting.
IndependentsFeb 13, 2026
97-Year-Old New Mexico Jewelry Store To CloseButterfield Jewelers in Albuquerque, New Mexico, is preparing to close as members of the Butterfield family head into retirement.
CollectionsFeb 13, 2026
A ‘Rosebud’ Necklace for Valentine’s DayPaul Morelli’s “Rosebud” necklace, our Piece of the Week, uses 18-karat rose, green, and white gold to turn the symbol of love into jewelry.
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench JewelersLaunched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.
MajorsFeb 13, 2026
JFC Announces New BeneficiariesThe nonprofit has welcomed four new grantees for 2026.
Weekly QuizFeb 12, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsFeb 12, 2026
These 8 Saks Fifth Avenue Stores Are ClosingParent company Saks Global is also closing nearly all Saks Off 5th locations, a Neiman Marcus store, and 14 personal styling suites.
CollectionsFeb 12, 2026
British Museum Raises $5M to Keep Jewel Linked to Henry VIII, Katherine of AragonIt is believed the 24-karat heart-shaped enameled pendant was made for an event marking the betrothal of Princess Mary in 1518.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
SourcingFeb 12, 2026
‘Cotton Candy’ Necklace, 35-Carat Kunzite Win 2025 ‘Buyer’s Choice’ AwardsThe AGTA Spectrum and Cutting Edge “Buyer’s Choice” award winners were announced at the Spectrum Awards Gala last week.
Events & AwardsFeb 12, 2026
Kering Opens Entries for 2026 Sustainability-Focused AwardThe “Kering Generation Award x Jewelry” returns for its second year with “Second Chance, First Choice” as its theme.
TrendsFeb 11, 2026
Halle Berry’s Retro Engagement Ring Is a Sapphire-Set StunnerSourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.
MajorsFeb 11, 2026
Francesca’s Files for Chapter 11 Bankruptcy AgainThe clothing and accessories chain announced last month it would be closing all of its stores.
CollectionsFeb 11, 2026
Zales Turns Sweethearts Into Jewelry for Valentine’s Day CollectionThe “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.
TechnologyFeb 11, 2026
Gemvision Symposium 2026 Slated for AprilThe event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.
Events & AwardsFeb 11, 2026
TJS Announces Roundtable, Launches New AppRegistration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.
SourcingFeb 10, 2026
At Meeting in South Africa, Support for Natural Diamonds Picks Up Steam Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.
TrendsFeb 10, 2026
Bad Bunny Wears Football-Shaped ‘Desert Diamond’ for Halftime PerformanceLady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.
SurveysFeb 10, 2026
Shoppers to Spend Big on Jewelry This Valentine’s Day, Says NRFJewelry is expected to be the No. 1 gift this year in terms of dollars spent.
FinancialsFeb 10, 2026
Kering Plans Transformation as 2025 Sales Sink 13%As star brand Gucci continues to struggle, the luxury titan plans to announce a new roadmap to return to growth.
SourcingFeb 10, 2026
AGTA To Debut ‘Stuller Color of the Year’ Spectrum Awards CategoryThe new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”
Events & AwardsFeb 09, 2026
JA Now Accepting Entries for 2026 CASE AwardsEntries for the jewelry design competition will be accepted through March 20.
IndependentsFeb 09, 2026
James Free Jewelers Unveils Revamped FlagshipThe Ohio jeweler’s new layout features a curated collection of brand boutiques to promote storytelling and host in-store events.
TrendsFeb 09, 2026
These 14 Jewels Will Melt Your Heart This Valentine’s DayFrom heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.
CrimeFeb 06, 2026
Florida Man Sentenced After Selling Fake Native American Jewelry for a Decade Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.
FinancialsFeb 06, 2026
Pandora’s North America GM Departs Amid Executive ChangesNew CEO Berta de Pablos-Barbier shared her priorities for the Danish jewelry company this year as part of its fourth-quarter results.
TrendsFeb 06, 2026
Margot Robbie, Jacob Elordi Wear Matching Cece Jewellery Signet RingsOur Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.
MajorsFeb 05, 2026
Pandora to Begin Selling Platinum-Plated JewelryThe introduction of platinum plating will reduce its reliance on silver amid volatile price swings, said Pandora.
