"Given the president's record of doling out special treatment to CEOs who are able to woo him with flattery, payoffs or both, the timing of his attendance at the match in the Rolex box is concerning. I have questions about whether you are attempting to curry favor with the president in an effort to secure special-interest exemptions for Rolex products."
"The invitation from Rolex to Trump, who attended the US Open final alongside senior administration officials including the treasury secretary, Scott Bessent; the attorney general, Pam Bondi; and the White House press secretary, Karoline Leavitt, as well as his son-in-law Jared Kushner, raises questions about whether you are cultivating a relationship with President Trump in attempts to secure lucrative tariff exemptions for Rolex products, said Warren."
Rolex invited President Donald Trump to its corporate box at the US Open final shortly after the White House imposed a 39% tariff on Swiss exports to the United States. Senator Elizabeth Warren wrote to Rolex CEO Jean-Frédéric Dufour asking whether the invitation aimed to secure special-interest tariff exemptions for Rolex products, citing examples from the firm’s price range from $5,800 to a $163,200 white-gold, diamond-studded Oyster Perpetual Lady-Datejust. Trump attended with senior administration officials and Jared Kushner. Warren warned that other executives have used similar tactics to escape tariffs and called potential exemptions deeply troubling. A White House spokesperson retorted with a derogatory nickname for Warren.
Read at www.theguardian.com
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