Reading Time: 10 minutes Key takeaways • Section 301 tariffs of 10% to 12.5% currently apply to jewelry imports from 60 countries, with an additional 50% tariff on selected Canadian goods. • U.S. Customs and Border Protection is processing IEEPA tariff refunds for eligible importers of record, though July Section 301 tariffs remain non-refundable. • Election results will not immediately change trade rules or tariffs, as the newly elected Congress will not take office until January 2027. Americans vote today, Tuesday, Nov. 3, in midterm elections that will decide control of Congress and a long list of state ballot measures. As of this morning, no results are in, and Southern Jewelry News makes no predictions about them. What we can do is lay out where the rules that hit a jeweler’s bottom line stand right now, so you know what to watch in the weeks ahead. Tariffs in effect today The tariff picture has changed more than once this year. On Feb. 20, the U.S. The ...