Wednesday, October 7

Tag: Belgium

Questions over whereabouts of diamond-encrusted ring gifted to Donald Trump

US senators are probing the whereabouts of an 18-karat ring gifted by a Belgian diamond dealer to Donald Trump in what was described as a “cartoonish bribery attempt”. Democrats Elizabeth Warren and Richard Blumenthal wrote to the White House demanding to know where the ring, valued at $43,000, is now. The ring is encrusted in hundreds of diamonds. Antwerp World Diamond Centre The ring was gifted to the president by the Antwerp World Diamond Centre (AWDC). Weeks later the Trump administration announced that European diamonds would be exempt from its tariffs. "We don’t know where the ring is today," Warren said. Under US law, gifts made to the president worth more than $750 are considered to be the property of the United States and cannot be accepte...
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