Policies & IssuesApr 28, 2026
Tariff Refunds: How to File, What to Expect Importers can submit claims now to receive money back for the IEEPA tariffs they’ve paid, with refunds expected to take up to 90 days.
EditorsDec 14, 2006
Jewelers should care about new Congress
While working on an upcoming story for National Jeweler about the effects that the newly elected Democratic Congress will have on the retail industry and independent jewelers, I was left speechless when I called a jeweler to get her thoughts....
While working on an upcoming story for National Jeweler about the effects that the newly elected Democratic Congress will have on the retail industry and independent jewelers, I was left speechless when I called a jeweler to get her thoughts.
"It won't affect me at all," she said breezily. "What does Congress have to do with my business?"
A million answers ran through my mind, but none seemed to make it out of my mouth. I was too busy wondering how, in 2006, any business owner can imagine that Congress has nothing to do with his or her business. The incoming Congress may make laws that will change current regulations on import/export tariffs, estate taxes, luxury taxes, Internet sales and a host of other equally important issues for retail jewelers. The newly elected senators and representatives will likely change the course of our foreign policy, which could have very real economic implications here at home.
By voting, staying abreast of such issues and contacting legislative representatives to make one's opinions known, retailers can have a say. Burrowing one's head in the sand and assuming that what happens in Washington, D.C., has no affect on the rest of the country is not only naive, but it's also poor business policy.
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