O'Leary Urges Trump to Accept EU Tariff Deal

Kevin O'Leary, a prominent entrepreneur and 'Shark Tank' star, has urged President Trump to accept a 'zero-zero' tariff deal offered by the European Union to alleviate escalating trade tensions and market volatility. O'Leary emphasized that this agreement, which would eliminate tariffs on industrial goods, presents a significant opportunity for Trump to pivot away from his current tariff strategy, particularly in light of the adverse impacts on U.S. manufacturers and the overall economy. He argued that the Eurozone is willing to open its markets, which could set a precedent for negotiations with other countries. The backdrop of these discussions includes a recent market downturn following Trump's announcement of new tariffs, leading to fears of a recession. The EU's proposal, according to O'Leary, could not only stabilize the markets but also allow Trump to claim a successful negotiation outcome. Overall, he described this moment as a crucial turning point for U.S. trade policy.