Following visits to Vegas and New York, Botswana’s minerals minister sat down with Michelle Graff to discuss the state of the diamond market.

Michelle Graff

Between tariffs and the sky-high cost of gold, designers enter this year’s Las Vegas shows with a lot of questions and few answers.

Natalie Francisco

However, the tariffs remain in effect in the short term, as an appeals court has stayed the U.S. Court of International Trade’s decision.

Michelle Graff

Following weekend negotiations, the tax on Chinese goods imported into the United States will drop by 115 percent for the next 90 days.

Michelle Graff

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Lauren McLemore

During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

Lenore Fedow

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.

Lauren McLemore

Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.

Michelle Graff

GIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.

Michelle Graff

An across-the-board tariff of 10 percent remains in place for all U.S. trading partners, except China.

Michelle Graff

The virtual event will take place April 7 at 3 p.m.

Lauren McLemore

Originally slated to take effect in April, official U.S. Customs and Border Protection documents now show the implementation date as “TBD.”

Lauren McLemore

The EU, like the U.S., also now will require diamond importers to provide information about where exactly the diamonds were mined.

Lenore Fedow

The formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.

Michelle Graff

The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.

Michelle Graff

Beginning in April, companies importing diamonds into the United States will have to list the country in which the diamonds were mined.

Michelle Graff

The agreement will allocate an increasing proportion of the country’s rough diamonds to the government of Botswana over the next decade.

Michelle Graff

Gemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.

Lauren McLemore

The FTC’s Jewelry Guides require “clear and conspicuous” disclosure when advertising lab-grown diamonds.

Michelle Graff

Botswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.

Michelle Graff

It will start with rough diamonds that are larger than 1.25 carats and later expand to rough diamonds that are above 1 carat.

Michelle Graff

All 74 lots of jewelry belonging to the late Democratic senator found buyers at Bonhams Los Angeles.

Michelle Graff

OFAC has issued two licenses addressing the issue, one for diamond-set jewelry and one for loose diamonds.

Michelle Graff

Ravi Bhansali has been elected vice president.

Natalie Francisco

The European Union has delayed its deadline for implementing a “robust” traceability mechanism for rough diamonds by six months.

Michelle Graff