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‘Cartoonish bribe’ alleged after Trump hands out sudden tariff exemption

August 11, 2026
in News
‘Cartoonish bribe’ alleged after Trump hands out sudden tariff exemption

Democrats have a lot of questions for President Donald Trump’s White House about a sudden about-face on a tariff exemption after the president was gifted a garish and expensive custom ring. expensive custom ring.

In late June, Belgium’s diamond industry presented Trump with an 18-karat gold ring valued at approximately $25,000 to $35,000, featuring 321 diamonds, 56 sapphires, 13 emeralds, and six rubies, MS NOW is reporting. The ornate piece included a gem-encrusted presidential seal, diamond-encrusted “T” emblems, and the numbers 45 and 47 “in a Superman-style logo — a nod to Trump’s two terms in office”

Four weeks after receiving the ring on June 28, the Trump administration approved a tariff exemption for diamonds from Belgium, a country with a sordid history of exploitation and financial shenanigans.

According to the report, the timeline raises serious questions of international influence-buying, with one critic calling it a “cartoonish bribe.”

When the U.S. Trade Representative’s office published its proposed exemption list on June 5, diamonds were not included. The ring was presented to the U.S. ambassador in Brussels on June 28. On July 24, diamonds mysteriously appeared on the final tariff exemption list.

Democratic senators are now calling the sequence evidence of a crime. In a letter to the Belgian diamond industry’s trade organization and the ring’s designer, Sens. Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) warned that those responsible could face criminal penalties under federal bribery law.

“Your actions could also raise serious legal questions under federal criminal law,” the senators wrote, noting Trump’s documented pattern of providing “special treatment” to business leaders who flatter or offer him gifts.

White House spokesperson Kush Desai claimed the exemption was required by a trade agreement with the European Union signed last summer. However, as MS NOW is reporting, that joint statement was issued on August 21, 2025, and made no mention of diamonds or any exemption for them.

Belgium’s diamond industry had previously won a full tariff exemption in September 2025, only to lose it in February 2026 when the Supreme Court struck down the legal basis for Trump’s original tariffs. The administration replaced those tariffs with a 10 percent surcharge on European diamonds and other imports.

The post ‘Cartoonish bribe’ alleged after Trump hands out sudden tariff exemption appeared first on Raw Story.

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