local
Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring
By Sam Mcneil, Associated Press at KSAT 12 (ABC affiliate)
· July 3, 2026
· 4 min read
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...
Key takeaway All told, 321 diamonds, 56 sapphires, 13 emeralds and six rubies encrust the watch-sized gold ring presented this week to Bill White, the U.
Why this matters in The San Antonio
The gifting of a lavish diamond ring to President Donald Trump by the Antwerp World Diamond Center has local implications for San Antonio 's business community. As a major city in the southern United States, San Antonio is a significant hub for international trade, and the removal of tariffs on diamond imports from Belgium could have a ripple effect on local businesses that import or export luxury goods. The fact that the Belgian diamond industry was able to secure zero percent import tariffs on their polished diamonds to the US may encourage other international companies to explore similar trade agreements, potentially benefiting San Antonio's economy. Furthermore, the city's own jewelry industry may see an increase in demand for high-end diamond products, creating new opportunities for local businesses and entrepreneurs. As San Antonio continues to grow as a global trade hub, the city's businesses will be watching closely to see how this development impacts their own operations and bottom line.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 3, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? 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...
When was this published? This article was first published on July 3, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Sam Mcneil, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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