Pandora Predicts Rising Jewelry Prices if U.S. Tariffs Take Effect

3

Pandora, the well-known Danish jewelry brand, has issued a warning about potential price increases in the affordable jewelry sector if U.S. President Donald Trump’s proposed tariff hikes are implemented.

The company’s CEO spoke to CNBC, stating, “If these tariffs remain, then it’s going to be more expensive for everybody in the industry. Therefore, we should expect consumer prices to rise.”

Pandora, famous for its charm bracelets and silver jewelry, relies heavily on manufacturing in Asia, with production facilities in Thailand, Vietnam, India, and China.

Related topics:

• New Jewellery Brand Jewells Launches First Northern Store
• Longtime Vietnamese-Founded Jewelry Store in Portland to Close
• Zadok Jewelers Opens Elegant New Showroom in Austin’s The Domain