AGTA Warns of Potential New Tariffs on Colored Gemstones and Pearls

By JCK News Desk | July 21, 2026

The American Gem Trade Association (AGTA) has alerted members to a series of current and proposed U.S. tariffs that could affect imports of loose colored gemstones and cultured pearls.

The tariffs would be imposed based on the results of investigations into allegations related to forced labor, excess manufacturing capacity, and trade practices, according to a July 20 letter signed by AGTA president Bruce Bridges and CEO John W. Ford Sr. They said that the United States trade representative is conducting three such investigations and expects to make final determinations later this month.

According to AGTA, one investigation has already resulted in a new 25% tariff on imports from Brazil, scheduled to take effect July 22, that will apply to polished loose colored gemstones, while rough colored stones remain exempt.

AGTA noted that a temporary 10% global import surcharge, which the Trump administration implemented after the Supreme Court invalidated earlier tariffs imposed under the International Emergency Economic Powers Act, is scheduled to expire July 24.

Separately, AGTA said Congress is considering legislation to authorize tariffs of up to 100% on imports from countries that continue to purchase Russian oil or natural gas. Countries that could be affected include India and China, two important sources of stones and finished products.

The AGTA letter also addressed potential tariff refunds and duty-drawback programs. AGTA said businesses that import gemstones but later export them may be eligible to recover certain duties if additional tariffs are imposed under Section 301 of the Trade Act of 1974, though it advised members to consult customs brokers or logistics specialists regarding eligibility and filing requirements.

AGTA said its leadership and trade consultants recently met with members of Congress to argue that loose colored gemstones should retain their longstanding duty-free status because there is little meaningful domestic production of those materials in the United States.

The JCK News Desk uses AI to help research and produce the first draft of articles. This story was then reviewed by staff writer David Blomquist.

Top: The Gems pavilion at the 2026 JCK show in Las Vegas (photo by Camilla Sjodin)