Antwerp Diamond Center Gives Trump 321-Diamond Ring After $2 Billion Tariff Relief
Updated
Updated · CBS New York · Jul 3
Antwerp Diamond Center Gives Trump 321-Diamond Ring After $2 Billion Tariff Relief
3 articles · Updated · CBS New York · Jul 3
Summary
321 diamonds, 56 sapphires, 13 emeralds and six rubies cover an 18-karat gold ring the Antwerp World Diamond Center handed to the U.S. ambassador this week for President Trump.
The gift followed Belgium's diamond industry winning zero U.S. import tariffs on more than $2 billion of annual polished-diamond exports, relief AWDC said came after it gave input to EU tariff negotiations.
Trump thanked Antwerp in a prerecorded video, but a White House official said Thursday the ring has not yet been presented to him and its ultimate disposition remains unclear.
Independent jewelers estimated the ring at roughly $25,000 to $35,000, adding to scrutiny from ethics experts who say Trump has departed from long-standing White House caution over accepting personal gifts.