Gemstone Trade Group Pursued Tariff Relief Success

Jewelry importers should track shifting trade agreements as the AGTA secures duty-free status for key materials.

Updated on Sept. 23, 2026 in International Trade

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The American Gem Trade Association successfully negotiated with the USTR to remove tariffs on imported diamonds, pearls, and precious gems. AI Illustration. Upload story photo >

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Following the implementation of IEEPA tariffs in April 2025, the American Gem Trade Association (AGTA) lobbied federal officials to secure duty-free status for diamonds, precious gems, and pearls. This advocacy concluded in an understanding with the USTR in September 2025.

Why it matters

The jewelry industry faced significant economic pressure after the 2025 tariff implementation threatened supply chain costs. AGTA leaders aimed to mitigate these impacts through a whole-government approach, combining domestic legislative lobbying with international trade negotiations.

The AGTA conducted more than 12 trips to Washington D.C. over a 16-month lobbying period to influence trade policy. These efforts resulted in an understanding regarding duty-free status for diamonds, pearls, and precious gems following industry-wide economic threats.

The players

American Gem Trade Association

A non-profit organization representing the interests of the gemstone and jewelry trade through advocacy and education.

Bruce Bridges

A gemstone industry leader who joined the U.S. Trade Advisory Committee on Africa in May 2026.

Office of the United States Trade Representative

The federal agency responsible for developing and promoting United States international trade policy.

The details

AGTA leadership utilized a strategy that combined direct education of Congressional members on gemstone geology and market forces with high-level bilateral negotiations. By hiring a Washington D.C. government advisor and establishing local staff, the organization bridged the gap between foreign trade fair discussions in Bangkok and U.S. regulatory decision-making. This multi-pronged lobbying effort sought to alleviate the burden of Section 301 and IEEPA tariffs that historically disrupted raw material costs for importers.

Timeline

  1. April 2, 2025: IEEPA tariffs were implemented on industry imports.

  2. September 2025: AGTA reached a duty-free status understanding with the USTR.

  3. February 2026: The U.S. Supreme Court ruled against the IEEPA tariffs.

  4. May 2026: Bruce Bridges began a four-year term on the U.S. Trade Advisory Committee.

  5. September 2026: AGTA representatives spoke at the CIBJO Congress in Italy.

Market Landscape

The jewelry industry's active lobbying follows the broad implementation of Section 301 tariffs that have reshaped import cost structures since 2025. This development tracks with a wider trend of sector-specific trade negotiations designed to bypass blanket regulatory burdens.

Operators should monitor upcoming bilateral trade agreements with Thailand, as these may formalize duty-free import exemptions for gems. Reviewing historical tariff compliance and the status of current trade advisory appointments is recommended to forecast potential future relief.

The takeaway

The AGTA's success underscores the effectiveness of combining direct Congressional education with high-level bilateral diplomacy to secure industry-specific trade relief. Operators should document their specific supply chain tariff burdens to support future industry-wide advocacy efforts.

Further reading

For more on evolving cross-border policy, see International Trade.

Source note: This article includes information reported by JCK.

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Should the U.S. prioritize duty-free trade agreements to help domestic industries keep costs low?