News July 04 2026

Belgian diamond group that won tariff relief gifted lavish ring to Trump

Updated 1 hour ago 2 min read

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BRUSSELS (AP):

Dozens of diamonds spell out two giant letter T’s next to the Stars and Stripes and “1776” and “2026.” Dozens more frame the numbers 45 and 47 in the shape of Superman’s logo. A diamond-winged eagle carries a ruby shield and clutches an olive branch of emeralds, below a radiant “250” and atop the phrase “250 YEARS USA” etched in 18-karat gold.

All told, 321 diamonds, 56 sapphires, 13 emeralds and six rubies encrust the watch-sized gold ring presented last week to Bill White, the US ambassador to Belgium, to give to US President Donald Trump.

“A very special thank you to my friends from Antwerp for the magnificent Freedom 250 ring,” Trump said in a pre-recorded video message during an event marking America’s 250th birthday in Brussels.

Isidore Mörsel, president of the Antwerp World Diamond Centre (AWDC), gifted the ring on behalf of the centuries-old diamond community in the Belgian port city, a central node in the worldwide trade of the precious stones that found itself struggling last year under the weight of Trump’s sweeping trade war.

“May this ring serve as a lasting reminder that true partnership, like the finest natural diamonds, are formed under pressure, endure the test of time, and shine brightest when built on trust,” Mörsel said. The ring’s interior is engraved with the phrase “Crafted in Antwerp for Donald John Trump.”

In dollar terms, the ring’s value, estimated at US$25,000 to US$35,000, pales beside gifts like the US$400 million plane donated by Qatar that Trump ordered converted into a new Air Force One. But it’s a glitzy window into the role that ostentatious – and almost always gilded – gifts are playing by those seeking to curry favour with the US president.

A White House official, speaking on the condition of anonymity to discuss the matter, said last Thursday that the ring has not been presented to Trump yet.

The gift comes months after Belgium’s diamond industry won the removal of US tariffs on diamond imports. In September, AWDC said it had “succeeded in securing a zero percent import tariff” on Antwerp’s annual export of more than US$2 billion of polished diamonds to the US. A spokesperson for the group said last Thursday that the AWDC provided “input” to the European Commission as it negotiated with Trump on a broad deal on tariffs in 2025, but did not itself lobby the administration.

US presidents have considerable discretion to accept gifts from domestic and foreign sources and may determine themselves whether a gift was meant for them personally or the nation. The exception is those from foreign governments, which are prohibited by the foreign emoluments clause of the Constitution without congressional assent, though presidents could use personal funds to reimburse the Treasury for the full value of an official gift if they wish to retain it.

Personal gifts are also supposed to be registered on the president’s annual financial disclosure. Trump’s 2025 disclosure, released this week, revealed a US$250,000 gift of a sculpture depicting his triumphal gesture after surviving a 2024 assassination attempt at a campaign rally in Butler, Pennsylvania, and tickets to 10 sporting events, including 10 to the upcoming World Cup final in New Jersey from FIFA’s Gianni Infantino, valued at a collective US$15,000.

Four US ethics experts told The Associated Press that Trump has broken with decades-old custom in the White House to avoid accepting such gifts.