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Antwerp secures zero percent U.S. import tariff on natural polished diamonds

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Antwerp has secured a zero percent U.S. import tariff on natural polished diamonds of European origin, a move expected to reinforce the city’s status as a global diamond hub.

The exemption, effective retroactively from Sept. 1 under a U.S. executive order, eliminates the standard 15% duty on EU-polished stones. It follows negotiations between the European Commission and Washington that also covered metals, pharmaceuticals and chemicals.

Diamonds polished in Antwerp account for about half of the $2.1 billion in annual polished diamond exports to the U.S. “For goods of European origin polished in Antwerp, the 15% tariff will no longer apply,” said Karen Rentmeesters, CEO of the Antwerp World Diamond Centre.

She added that the decision sets a precedent for other diamond producers and polishing centers to seek similar deals, a potential boon for Belgian diamantaires trading stones polished in India.

The AWDC credited the Belgian government and the European Commission for backing the case, noting that the U.S. market depends entirely on imports to meet demand.

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DiamondBuzz

Big, Slightly Tinted Diamonds: Object Of Desire In The US Market

Buyers Of 2.5-Carat and Up Pieces Are Increasingly Choosing Stones With J Color Or Lower, Sometimes Much Lower On The Color Scale

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Big, slightly tinted diamonds are suddenly the object of desire in the US — and the industry is asking why.

Buyers of 2.5-carat and up pieces are increasingly choosing stones with J color or lower, sometimes much lower on the color scale, say retailers and traders. That shift signals more than a fashion tweak: it reflects how affluent shoppers now want their diamonds to read as “natural” at a glance.

 Lab-grown gems typically come in the brightest, clearest grades, so a warmly hued, imperfect-looking stone has become a visible badge of authenticity — a deliberate antique vibe in a polished world where synthetics dominate. No surprise: The Knot reports that 61% of U.S. couples now pick lab-grown rings.

A report explores who’s buying these larger, lower-color stones, how cultural moments and celebrities — think Taylor Swift — helped fuel the taste for them, and why antique cuts seem particularly suited to carrying color. The piece also ties this appetite to broader marketing narratives, including De Beers’ push for so-called “Desert diamonds.”

It’s not all doom and gloom for mined diamonds. Larger sizes — especially 2 carats and above and long fancy shapes — have held up better than smaller goods over the past year. The report isolates this rising niche and asks the key question: can these warm-toned showstoppers withstand the continued rise of lab-grown competition?

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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