DNYUZ
No Result
View All Result
DNYUZ
No Result
View All Result
DNYUZ
Home News

‘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.

What Do Sex and Gender Even Mean Now?
News

What Do Sex and Gender Even Mean Now?

by The Atlantic
August 11, 2026

In her first argument as a lawyer before the Supreme Court, Ruth Bader Ginsburg famously quoted the abolitionist Sarah Grimké, ...

Read more
News

CBS Sports Has ‘No Timetable’ for Tony Romo Return After DUI Arrest

August 11, 2026
News

Democrats Accuse Trump Administration of Stonewalling Major Transit Projects

August 11, 2026
News

Airlines and charter companies are selling front-row seats to the solar eclipse for up to $1,200

August 11, 2026
News

Trump’s Air Force One ruse revealed war’s end is ‘further away than ever’: analyst

August 11, 2026
30,000 pounds of beef from Argentina recalled in two states

30,000 pounds of beef from Argentina recalled in two states

August 11, 2026
Rule could let parents put $2,500 into child ‘Trump accounts’ tax-free

Rule could let parents put $2,500 into child ‘Trump accounts’ tax-free

August 11, 2026
Trump’s catering truck caper

Trump’s catering truck caper

August 11, 2026

DNYUZ © 2026

No Result
View All Result

DNYUZ © 2026