As of now, the U.S. has imposed tariffs of up to 26% on lab grown diamonds and jewelry imported from India, and 30% on lab grown diamonds and jewelry imported from China.
Yes, they may. Starting August 27th, tariffs on imports from India could rise to as high as 50%, depending on final trade policy decisions. U.S. and China continue to have trade tensions.
U.S. retailers are now paying higher import duties, and many are passing those costs to customers through higher prices. Von Diamonds prices remain unchanged as we are moving our manufacturing to the U.S.
We’ve moved our manufacturing unit to the U.S., meaning our products are not subject to these import tariffs. In addition, we manage the entire supply chain in-house, from design to final setting, which keeps costs low and quality high. This means our prices will remain stable, even if tariffs increase to 50%.
No. Producing locally allows us to maintain tight quality control, offer fast turnaround times, and customize designs more easily, all while avoiding the extra costs associated with international shipping and tariffs.
With tariffs likely to rise in the coming months for most of the industry, prices from other retailers may increase soon. Von Diamonds’ prices will remain stable, but buying now ensures you can secure your piece before potential demand spikes or inventory pressure in the market.