04222019Mon
Last updateTue, 16 Apr 2019 9pm

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IDEX reports China cuts tariffs on 18 jewelry categories

idexonline financial general

(IDEX Online) – China will be slashing import taxes on jewelry, as part of tariff reductions on a wide range of consumer goods, as of July 1.

The Customs Tariff Commission of the State Council in China issued the "Notice on Reducing the Import Tariffs of Daily Consumer Goods" last week. According to the notice, China will cut Most Favored Nation (MFN) tariffs for daily consumer goods involving 1,449 tax items starting July 1.

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Everything Old is New Again

Antique 3Retailers discover antique & period jewelry resonates with today’s shoppers 

Jewelers operating in a fiercely competitive climate must get creative when connecting with their core customers. Now the demographic of jewelry consumers and the reasons they buy are light years away from those in the 20th century. Then, jewelry sent a completely different signal than it does now. Years back, people wore their wealth.

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Chance meeting leads to a unique bank/jeweler appraisal partners

KahnTerry Kahn, GG, president of Jewelry Appraisers of North Carolina.

(GREENSBORO, N.C.) - A happenstance meeting between an established independent jewelry appraiser and innovative trust banking executive in Greensboro, NC led the bank (First Citizens Bank) to establish a unique system, centralizing in the Greensboro area all appraisals for estate jewelry from more than 500 branches in 18 states.

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