Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring

BRUSSELS — At a grand celebration of the United States’ 250th anniversary of independence held in Brussels this week, a custom-crafted, gem-encrusted commemorative ring took center stage as a gift from Antwerp’s centuries-old diamond industry to U.S. President Donald Trump. Adorned with intricate, symbolism-heavy details that honor the U.S. semiquincentennial, the watch-sized 18-karat gold piece features 321 diamonds, 56 sapphires, 13 emeralds, and six rubies. Its design incorporates two large diamond-formed “T” initials alongside the U.S. Stars and Stripes motif and the years 1776 and 2026; the numbers 45 and 47, referencing Trump’s two presidential terms, arranged in a Superman logo outline; and a diamond-winged eagle clutching an emerald olive branch and bearing a ruby shield, positioned above a gold-etched inscription reading “250 YEARS USA.” The interior of the ring is engraved with the line “Crafted in Antwerp for Donald John Trump.”

The gift was presented to U.S. Ambassador to Belgium Bill White by Isidore Mörsel, president of the Antwerp World Diamond Center (AWDC), the governing body for the global diamond trade’s historic Belgian hub. In a prerecorded video address played for the event’s audience of more than 8,000 attendees, Trump expressed gratitude for the piece, calling it a “very special thank you to my friends from Antwerp for the magnificent Freedom 250 ring.”

Mörsel framed the commemorative gift as a symbol of transatlantic partnership, noting, “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.”

The gift comes at a pivotal moment for Antwerp’s diamond sector, which faced severe economic strain last year amid Trump’s sweeping global trade war. Just months before the celebration, the industry secured a key policy win: the elimination of U.S. import tariffs on polished diamonds. In September, the AWDC announced it had successfully achieved a zero percent import tariff for the more than $2 billion in polished diamonds Antwerp exports to the U.S. each year. While the group confirmed it provided policy input to the European Commission during 2025 broad tariff negotiations with the Trump administration, it denies directly lobbying the White House to secure the tariff cut.

While the ring’s estimated value of $25,000 to $35,000 is far smaller than other lavish gifts Trump has received from foreign entities — such as a $400 million plane from Qatar that Trump ordered converted for use as a new Air Force One — the piece highlights a growing pattern of ostentatious gift-giving from entities seeking favor with the U.S. president, according to observers.

Notably, a senior White House official, speaking on condition of anonymity to discuss the unannounced transfer, confirmed Thursday that the ring has not yet been formally handed over to Trump. Ambassador White later announced via social media that once delivered, the ring will be put on public display in the Oval Office.

Independent jewelers consulted by The Associated Press calculated the ring’s value split evenly between raw gem and gold materials and artisanal labor: Paris- and London-based jewelry consultant Alexander Levinson placed the total value at $25,928, while Canadian third-generation luxury jeweler David Saad estimated it between $33,000 and $35,000. The AWDC commissioned Antwerp-based high-end jeweler David Gotlib, whose minimalist cufflinks routinely retail for more than $17,000, to craft the custom piece.

The Brussels semiquincentennial event itself was a large-scale, heavily sponsored celebration. Ambassador White reported raising more than $5.5 million in corporate contributions from a diverse roster of donors, including U.S. defense giants Lockheed Martin and Northrop Grumman, major tech firms Intel, Google, and Meta, and European confectionery leaders Leonidas and Ferrero, with the AWDC also contributing to the event budget. When asked by reporters why the celebration was scaled to such a large size, White replied, “Because we are the United States of America!” After the ring’s official unveiling on a star-spangled stage, Alexis Wilkins — musician and girlfriend of FBI Director Kash Patel — performed the U.S. national anthem for the crowd, who were served Budweiser and bourbon from Tennessee and Kentucky.

The Freedom 250 ring is the latest high-profile example of Trump breaking with longstanding White House ethical norms around personal gifts from foreign and domestic entities, according to four U.S. ethics experts interviewed by the AP.

Under U.S. law, U.S. presidents hold broad discretion over accepting gifts from external sources, and may determine whether a gift is intended for personal use or for national preservation. The core restriction comes from the Constitution’s foreign emoluments clause, which prohibits presidents from accepting gifts from foreign governments without explicit congressional approval. However, the law allows presidents to keep official foreign gifts by reimbursing the U.S. Treasury for the full market value of the item using personal funds. All personal gifts must also be disclosed on the president’s annual public financial disclosure report.

Trump’s 2025 financial disclosure, released publicly this week, already lists a number of notable high-value personal gifts: a $250,000 sculpture depicting Trump’s iconic defiant gesture after he survived the 2024 assassination attempt at a Butler, Pennsylvania campaign rally, and 10 sporting event tickets including a seat for the 2025 World Cup final in New Jersey donated by FIFA President Gianni Infantino, valued at a total of $15,000.