Policies & Issues

JA CEO Provides Tariff Update Following Annual Fly-In

Policies & IssuesSep 25, 2025

JA CEO Provides Tariff Update Following Annual Fly-In

A trade deal with Switzerland seems probable, but reaching an agreement with India remains a challenge, David Bonaparte said.

Jewelers of America Fly In
Jewelers of America hosted its annual fly-in to Washington, D.C., on Sept. 17.
New York—Jewelers of America recently held its annual fly-in, taking members to Washington, D.C., last week to lobby on the issues and policies impacting the jewelry industry.

On Sept. 17, the group, led by the Jewelers of America Political Action Committee (JAPAC), met with lawmakers, focusing mainly on tariffs, as well as the threat of organized retail crime to jewelry businesses.

Discussions were centered around the impact of tariff rates on imports from countries that are vital to the gem and jewelry trade, such as India (50 percent tariff rate), where 90 percent of the world’s diamonds are cut and polished, and Switzerland (39 percent), the center of the mechanical watch-making world.

Fly-in attendees told members of Congress that such high tariff rates are unsustainable, as they will shrink already tight margins, force them to pass along costs to customers, or reduce their investments in employees and local communities. 

Jewelers of America fly in 2025 Sarah Elfreth
Constance Polamalu, chief operating officer at Zachary’s Jewelers in Maryland, meets with Rep. Sarah Elfreth, D-Md., during JA’s fly-in in Washington, D.C.


“Right now, it’s an all-hands-on-deck situation in dealing with the tariffs, which have strained and caused major disruptions to the global supply chain,” JA President and CEO David Bonaparte said in a press release about the fly-in. 

“The majority of retailers and manufacturers in the U.S. are dependent on diamonds and gemstones that cannot be sourced in the U.S.” 

Prior to the fly-in, the Trump administration announced potential exemptions for select items that cannot be grown, mined, or naturally produced domestically.

On Sept. 5, the president issued an executive order establishing a new annex (page 38) outlining goods of this nature—including natural diamonds, colored gemstones, and natural pearls—that would be rendered eligible for a tariff exemption or reduction when imported from countries with which the U.S. has reached a unilateral trade agreement

While any tariff relief is contingent on a formal trade deal being reached, any changes to tariff rates ultimately will not be implemented until the president puts them into effect.

In an interview with National Jeweler, Bonaparte said this was progress. 

He believes the move to be a result of conversations that took place Aug. 19, when he and other industry representatives met with Trump’s trade adviser Peter Navarro.

Bonaparte said following the fly-in, he is optimistic about the U.S. reaching a deal with Switzerland, having heard reports that negotiations are moving in a positive direction. He hopes a resolution is only a few weeks away.

India is a much bigger challenge, he acknowledged, as the country is a major importer of Russian oil—something it has been defiant about even amid pressure, threats, and penalties from the U.S. 

Nonetheless, Bonaparte said, according to Indian colleagues, discussions are happening.

However, any disengagement from Russia could take months or longer, NPR reported, and Bonaparte’s hope is that the U.S. will react positively to any indication that India is working to cut ties. 

“The negotiation is for India to figure out a way to wean themselves off Russian oil. If they show that they’re doing that … if they show progress and willingness to get off of Russian oil, I think the administration would be receptive and lower the tariff,” Bonaparte said.  

 Related stories will be right here … 

In addition to discussing tariffs, fly-in attendees asked lawmakers to support the Organized Retail Crime (ORC) Act of 2025 (S. 1404/H.R. 2853) by becoming a co-sponsor of the bipartisan legislation. 

The bill would strengthen federal coordination and equip local and state law enforcement to better identify and investigate ORC groups, JA said.

It creates a federal Organized Retail and Supply Chain Crime Coordination Center to streamline intelligence-sharing and multi-agency collaboration, which JA said is “a critical step for retailers to effectively combat criminal activities.”

The group met with Rep. Dave Joyce, R-Ohio, who introduced the legislation in the House.

“Everybody was on board with an anti-crime bill,” said Bonaparte, noting that Rep. Pete Sessions, R-Texas, had his chief of staff sign onto the bill while they were standing in his office.  

Jewelers of America fly in 2025 pete sessions
Fly-in attendees with Rep. Pete Sessions, R-Texas


Bonaparte added that, in an email sent after the fly-in, Michael Page, third-generation owner of Hingham Jewelers in Hingham, Massachusetts, said that Rep. Stephen Lynch, D-Mass., had also signed on as a result of the meeting.

“Having direct access to lawmakers during times of such dramatic policy change is invaluable,” said Page, who was a first-time fly-in attendee.

“The legislators we met with seemed genuinely interested in hearing how national politics is impacting our small, family-owned business.”

Brian Alter, owner of Alter’s Gem Jewelry and a member of the JAPAC board, added, “Participating absolutely does make a difference.” 

Along with Page and Alter, the fly-in was attended by the following industry professionals:

— Lawrence and Katy Bock, Bachendorf’s; Dallas
— Jon Bridge, Ben Bridge Jeweler; Seattle
— Coleman Clark, BC Clark and Chairman of JA’s Board of Directors; Oklahoma City
— Susan Eisen and Ron Wolff, Susan Eisen Fine Jewelry Watches Art & Appraiser, El Paso, Texas
— Bill Farmer Jr., Farmer’s Jewelers; Lexington, Ky.
— Susan Grant, Grants Jewelry; New York
— Joseph Molfese, Bella Cosa Jewelers and Chair of the JAPAC Board; Willowbrook, Ill.
— Steve Padis, Padis Jewelry; San Francisco
— Constance Polamalu, Zachary's Jewelers; Annapolis, Md. 
— Ronnie VanderLinden, Diamex  and President of International Diamond Manufacturers Association (IDMA); New York
— MJSA Board Chair Ed DeCristofaro, LDC, Inc.; East Providence, R.I.

The group was led by Bonaparte, and JA Public Affairs and Education Director Susan Thea Posnock. 

Tim Haake, managing director of Haake & Associates, JA’s long-term government affairs firm, and Jennifer Bogart, president of Bogart Associates, were also in attendance.

To learn more about JA’s legislative advocacy and JAPAC or to join Jewelers of America, visit its website

The Latest

Collage of NationalJeweler.com’s most-read stories of 2025
EditorsDec 31, 2025
The Top 5 Stories of 2025

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

Becka Johnson Kibby
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail Academy

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

Stock image of rough diamonds from Diavik mine in Canada
SourcingDec 30, 2025
India Chosen as KP Chair for 2026

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Bulova x Stetson collection
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western Flair

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Weekly QuizDec 23, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Rahaminov Diamonds Pop-Up at Yamron Jeweler
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in Florida

Its residency at Yamron Jewelers will run through May 2026.

In Memoriam collage 2025
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Tanishq Orlando store exterior
MajorsDec 29, 2025
Tanishq Opens New Stores in Florida, Virginia

The retailer is expanding into areas with large Indian and South Asian populations.

Nanis Madonna di Campiglio Flagship
MajorsDec 29, 2025
Nanis Opens First Flagship Store

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

Amethyst Geodes Unearthed: Raw Beauty
SourcingDec 29, 2025
‘Unearthed: Raw Beauty’ Exhibition Opens at LA Museum

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

Stock image of gavel
CrimeDec 24, 2025
LA Jewelry District Couple Pleads Guilty to Hiding Millions from IRS

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

People shopping in winter clothes
SurveysDec 24, 2025
Consumer Confidence Falls Again in December

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

Bonhams US headquarters
AuctionsDec 24, 2025
Bonhams to Open New U.S. Flagship in NYC

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

Hana Kaneko rings
Events & AwardsDec 24, 2025
NYC Jewelry, Antique, & Object Show Announces Winter Event

The new show will take place Jan. 23-25, 2026.

Brian Patrick Gilbertson
SourcingDec 23, 2025
Mining Titan Brian Gilbertson Dies at 82

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

Costume Designers Guild Award By Bulgari
Events & AwardsDec 23, 2025
Bulgari Reimagines Costume Designers Guild Award

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

Kering logo
MajorsDec 23, 2025
Kering to Acquire Stake in Raselli Franco Group

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

For Future Reference Vintage
MajorsDec 23, 2025
For Future Reference Vintage Enters Bloomingdale’s

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

Counterfeit Cartier and Audemars Piguet watches
CrimeDec 22, 2025
Customs Seizes Hundreds of Fake Rolex, Cartier Watches

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg new store concept rendering
EditorsDec 22, 2025
How Helzberg Is Reimagining Its Stores

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Graphic for the 2025 Year-End Webinar
Recorded WebinarsDec 22, 2025
2025 Jewelry Rewind: Looking Back on an Eventful Year

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

Pair of Ippolita Lollatini earrings
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Bulgari CEO Laura Burdese
MajorsDec 19, 2025
LVMH Names New Bulgari CEO

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

Harwell Godfrey Lil Buddies
EditorsDec 19, 2025
2025 Jewelry Superlatives: A Yearbook-Style Year in Review

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Front of Jean Schlumberger’s ‘African Cat’ brooch
AuctionsDec 19, 2025
Jean Schlumberger’s ‘African Cat’ Is Purr-Fection

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

Audemars Piguet Grosse Pièce
AuctionsDec 18, 2025
Audemars Piguet Reclaims Historic Pocket Watch at Auction

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy