According to recent US media reports, US Democratic senators are asking Belgium to explain a diamond ring gifted to US President Trump. This diamond ring is set with 321 diamonds and weighs 18 carats. The main material is gold. The ring was presented to US Ambassador to Belgium Bill White on June 28 by the Chairman of the World Diamond Center in Antwerp, Belgium, “to pay tribute to Trump to commemorate the 250th anniversary of the founding of the United States.” A few weeks later, the US announced a new round of tariff exemptions for the European diamond industry. The report said that in a letter to the Antwerp World Diamond Center and the Belgian high-end jeweler who made this ring, US Democratic Senators Elizabeth Warren and Richard Blumenthal warned that the gift raised serious legal issues and gave the impression that “foreign companies and special interest groups only need to 'bomb' Trump with shiny gifts in exchange for tariff exemptions.” They asked the other party to respond to questions by August 24, including the specific value of the ring and whether any negotiations had been held with the Trump administration on tariffs before the announcement of the exemption policy. The White House denies sending benefits to special interest groups, saying that the decision to exempt tariffs only upholds the Trump administration's previous promise to provide preferential treatment for diamonds in accordance with the US-EU trade agreement. A US government official said that this diamond ring is federal property, and if Trump intends to keep it, he must pay the government at the market price. According to reports, the handmade ring is valued at between $25,000 and $35,000.

Zhitongcaijing · 1d ago
According to recent US media reports, US Democratic senators are asking Belgium to explain a diamond ring gifted to US President Trump. This diamond ring is set with 321 diamonds and weighs 18 carats. The main material is gold. The ring was presented to US Ambassador to Belgium Bill White on June 28 by the Chairman of the World Diamond Center in Antwerp, Belgium, “to pay tribute to Trump to commemorate the 250th anniversary of the founding of the United States.” A few weeks later, the US announced a new round of tariff exemptions for the European diamond industry. The report said that in a letter to the Antwerp World Diamond Center and the Belgian high-end jeweler who made this ring, US Democratic Senators Elizabeth Warren and Richard Blumenthal warned that the gift raised serious legal issues and gave the impression that “foreign companies and special interest groups only need to 'bomb' Trump with shiny gifts in exchange for tariff exemptions.” They asked the other party to respond to questions by August 24, including the specific value of the ring and whether any negotiations had been held with the Trump administration on tariffs before the announcement of the exemption policy. The White House denies sending benefits to special interest groups, saying that the decision to exempt tariffs only upholds the Trump administration's previous promise to provide preferential treatment for diamonds in accordance with the US-EU trade agreement. A US government official said that this diamond ring is federal property, and if Trump intends to keep it, he must pay the government at the market price. According to reports, the handmade ring is valued at between $25,000 and $35,000.