Creatives Rule the World
Episode #528: How to Navigate Tariffs and Your Jewelry Business
22 Apr 2025
Are the new tariff policies keeping you up at night? In this episode, I break down exactly what the 2025 tariff changes mean for your jewelry business, how they might impact your pricing and sourcing, and most importantly, practical strategies to protect your margins without panicking.I share my understanding of why these tariffs are being proposed, which countries and products will be most affected, and how smart jewelry brands are preparing their supply chains and customers for potential changes. Whether you're sourcing globally or domestically, this episode gives you the roadmap to navigate these economic shifts with confidence.In this episode, you'll learn:[3:25] What’s going on with the 2025 tariff policy and the 90-day pause[5:30] Which countries face the highest proposed tariff rates and how they'll impact jewelry supply chains[15:42] My simple pricing strategy to maintain margins without losing customers[21:16] Three practical ways to diversify your supply chain and find alternative sourcing options[27:35] Smart cash flow management techniques when tariffs require upfront payments[32:18] How to communicate price changes to your customers in a way that builds trustHere are the resources mentioned in the show:Download my free guide: Tariffs, Pricing and Your Independent Jewelry BrandLearn more about our upcoming AI tool and join the waitlist: Desire AIAre you enjoying the podcast? We’d be so grateful if you gave us a rating and review! Your 5 star ratings help us reach more businesses like yours and allows us to continue to deliver valuable content every single week. Click here to review the show on Apple podcast or your favorite platformSelect “Ratings and Reviews” and “Write a Review”Share your favorite insights and inspirationsIf you haven’t done so yet, make sure that you subscribe to the show wherever you listen to podcasts and on Apple Podcast for special bonus content you won’t get elsewhere.xo, Tracy MatthewsFollow on Social:Follow @Flourish_Thrive on InstagramFollow @iamtracymatthews InstagramFollow Flourish & Thrive Facebook
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