Kevin O’Leary Calls for Increased Tariffs Against China, Predicting Market Impact

Shark Tank investor Kevin O’Leary urged former President Donald Trump to implement increased tariffs against China during a recent public statement. He emphasized the potential benefits of these measures, arguing that they would strengthen US leverage in trade negotiations. While highlighting the need for stricter action against Chinese practices, O’Leary suggested a substantial increase in tariffs – 400% – on account of perceived unfair competition and IP theft. O’Leary argues this approach will result in positive changes during trade negotiations.