In Letter to Senator, Rolex Says No Tariff Talks With Trump

(From: X.com/@SenWarren)

U.S. Senator Elizabeth Warren on Friday released Rolex CEO Jean-Frédéric Dufour’s response to her inquiry. The letter, dated Sept. 25, offers for the first time a glimpse into Dufour’s meeting with President Donald J. Trump.

In the two-page response, Dufour wrote that while Rolex was under no obligation to answer congressional inquiries of this nature, it chose to do so as a matter of transparency and courtesy.

Dufour said Rolex, a longtime sponsor of the US Open, extends such invitations in the spirit of sportsmanship and international friendship, irrespective of political lines. He also rejected speculation that Rolex sought to curry favor, noting that no “substantive discussions” were held regarding “tariffs, trade policy, or any other official matter,” which he said are handled solely by Swiss authorities.

"Rolex is not, nor has it ever been, engaged in any negotiation with the U.S. government regarding tariffs. Such matters fall exclusively within the purview of the Swiss authorities and their American counterparts," Dufour wrote. "Rolex's experience of the recently enacted tariffs is identical to that of any other Swiss manufacturer that is not exempted. As a company, we naturally hope, along with our fellow Swiss exporters, for a resolution that is reasonable and fair."

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