President Trump recently announced new global tariffs, but the carve-outs have raised questions about who should receive the lucrative exceptions, and why. An exemption for natural diamonds, for example, followed negotiations with European officials, advocacy by a diamond group and a gift for Trump.

nyti.msTrump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other ItemsA new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.