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The Antwerp World Diamond Center announced that it presented a gift to President Donald Trump: a gold ring set with 321 natural diamonds and 75 precious stones, as a symbol of the economic ties between Belgium and the United States. This gesture coincided with the anniversary of U.S. independence and aims to highlight the superiority of natural diamonds, which are exclusively used in jewelry making, despite increasing competition from synthetic diamonds and market challenges due to European Union restrictions on the trade of Russian diamonds. The diamond industry in Antwerp has been facing crises, with trade volumes drastically declining since 2024.
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