Senator demands answers after Trump accepted Rolex and gold bar before slashing tariffs on Switzerland - Trump’s love of ...

US Senator Ron Wyden asked for a detailed account of Donald Trump’s acceptance of a Rolex table clock and one-kilogram gold bar from Swiss businessmen shortly before the president slashed tariffs he ...

A 39% U.S. tariff on Swiss imports takes effect August 7, hitting luxury watch brands hard. Swiss exports to the U.S. topped $6 billion last year, with brands like Rolex now facing pricing pressure.

It appears it’s a time of change at Rolex. The Swiss watchmaker has named Nicolas Brunschwig as chairman of Rolex SA in Geneva and its umbrella organization Rolex Holding SA, according to Bloomberg.

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Rolex watches are the ultimate symbol of Swiss precision and reliability. Yet not everything in Switzerland is precise and reliable these days. The visit of Donald Trump to the World Economic Forum ...