Rolex CEO stressed US president’s remarks were made ‘in jest’ in letter to Elizabeth Warren, who had raised concerns
Donald Trump asked Rolex executives if he would have been invited to watch this month’s US Open final from the luxury watchmaker’s VIP box had he imposed steep tariffs on Swiss exports weeks earlier.
The US president’s remarks were made “in jest”, stressed Jean-Frederic Dufour, the Rolex CEO, in a letter to Elizabeth Warren, the US senator who had raised questions about the decision to invite Trump – including whether the conglomerate was seeking to “curry favor” with the administration.
Background
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Analysis
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