The precious mineral is facing a baseline 10% import duty to the U.S. — a market accounting for over half of the global ...

Rentmeesters who heads the 580-year-old corporation which represents over 1,400 companies within Antwerp's diamond district, said: "You could argue that loose diamonds are a raw material.

Adding to the complexity is the uncertain legal treatment of diamonds under US trade rules. While other commodities like gold and copper are exempt from tariffs, loose diamonds are currently included, ...