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[POLITICS] · United States, Belgium · 9 sources

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Belgian diamond firms questioned over ring gifted to Trump

Democratic Senators Elizabeth Warren and Richard Blumenthal have demanded answers from the Antwerp World Diamond Centre and David Gotlib Luxury Cufflinks regarding a high-value diamond ring gifted to President Donald Trump. The 18-carat gold ring, which contains 321 diamonds, 56 sapphires, 13 emeralds, and six rubies, was presented to the U.S. ambassador in Belgium on June 28 to honor the 250th anniversary of the United States.

The senators expressed concern over the timing of the gift, noting that it occurred just weeks before the Trump administration officially exempted European natural diamonds from Section 301 tariffs on July 24. They warned that the exchange could raise serious legal questions under U.S. federal bribery laws and create an appearance of impropriety.

The firms have been asked to respond to inquiries by August 24 regarding the ring's value, which is estimated between $25,000 and $35,000, as well as any prior discussions concerning tariffs. The White House has denied any wrongdoing, stating the tariff exemption was a requirement of a trade agreement with the European Union.

Entities

Antwerp World Diamond Centre · David Gotlib Luxury Cufflinks · Donald Trump · Elizabeth Warren · Richard Blumenthal

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