"On Wednesday, Senator Elizabeth Warren (D-MA) sent a letter to Dufour, questioning whether the company invited Trump to the men's finals match in early September as a play to wiggle out of the 39% tariff. She went on to write that the move raises questions about whether you are cultivating a relationship with President Trump in attempts to secure lucrative tariff exemptions for Rolex products."
"In a Thursday follow-up letter to Warren's inquiry, obtained by MeidasTouch, Dufour defended the company's decision to host the president, emphasizing that the invitation was part of Rolex's longstanding sponsorship of the U.S. Open and was not motivated by political considerations. He went on to acknowledge Trump's comment about whether he would have been invited had it not been for the tariffs, but noted the remark was met with laughter and quickly brushed aside."
"The senator asked Rolex to provide details on how the invitation was arranged, what conversations took place with Trump or his family during the match, and whether any trade or tariff issues were discussed. She also pressed the company to disclose whether it has offered gifts, political support, or sought preferential treatment from the administration. According to Dufour, no substantive discussion of trade policy or tariffs occurred during the event."
Rolex CEO Jean-Frederic Dufour confirmed that President Donald Trump joked about whether he would have been invited to Rolex's box at the U.S. Open had it not been for a 39% tariff on Switzerland implemented in August. Senator Elizabeth Warren asked whether the invitation aimed to obtain tariff exemptions and requested details on how the invitation was arranged, conversations during the match, and any gifts or political support offered. Dufour said the invitation stemmed from Rolex's longstanding U.S. Open sponsorship and was not politically motivated. He said the remark was laughed off, no substantive trade discussions occurred, and only Trump received token gifts while Secret Service agents took branded caps.
Read at www.mediaite.com
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