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All posts tagged "Shark Tank"

'Who buys a Rolex?' CNN host gobsmacked by out-of-touch tariff argument

'Who buys a Rolex?' CNN host gobsmacked by out-of-touch tariff argument

CNN's Brianna Keilar was taken aback during a discussion on the Trump tariffs after "Shark Tank" star Kevin O'Leary brought up the price of Rolex watches, which start at about $6,400.

"Rolex just this hour raised their prices — and everybody in the U.S. knows what a Rolex watch is — by 3% to offset the tariff imposed on Switzerland, even though there is no trading imbalance with Switzerland," O'Leary said, as Keilar interrupted him.

"OK, Kevin, so I'm going to stop you. Everyone knows about Rolex, but like, who buys a Rolex? I mean, a lot of people do not buy a Rolex watch, right? So, let me ask you this, because you say they should wait until you see the trade deals —" ...