Belgian Diamond Group that Won Tariff Relief Gifted Trump a Lavishly Encrusted Ring
The Antwerp-made ring, valued at up to $35,000, was given after Belgium’s diamond industry won a zero percent U.S. import tariff.
- In Brussels, the Antwerp World Diamond Center presented a custom diamond ring to U.S. Ambassador to Belgium Bill White this week for President Donald Trump, commemorating America's 250th anniversary.
- Belgium's diamond sector, which previously struggled during trade wars, secured a zero percent import tariff on more than $2 billion of annual exports to the U.S. last year.
- The watch-sized gold ring contains 321 diamonds, 56 sapphires, 13 emeralds, and six rubies, with independent jewelers estimating its value between $25,000 and $35,000.
- After White posted a photo online Wednesday wearing the ring before deleting it, ethics experts warned that accepting such gifts breaks with longstanding White House custom.
- A White House official said Thursday the ring has not reached Trump, who previously accepted gifts including a $250,000 sculpture and a $400 million plane.
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38 Articles
Donald Trump received from a group of jewelers established in Antwerp a solid gold ring containing 321 diamonds, 56 sapphires, 13 emeralds and six rubies
(Brussels=Yonhap News) Correspondent Hyun Yoon-kyung = U.S. President Donald Trump received a luxurious, oversized gold ring studded with diamonds as a gift.
POTUS to 'ring' in America's 250th with Belgian Delight, a Tariffic gift
A dazzling diamond-encrusted ring, a symbol of US-Belgian ties, was presented to President Trump, celebrating America's 250th anniversary. Crafted in Antwerp, the gift arrives after Belgium's diamond industry secured the removal of US tariffs.
A group of Belgian diamond traders presented President Donald Trump with an 18-karat gold ring adorned with 321 diamonds after the Belgian diamond industry was exempted from import tariffs by the United States, raising questions about the appropriateness of the gesture.
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