Kevin O'Leary Urges 400% Tariffs on China

Kevin O'Leary, a prominent investor and 'Shark Tank' star, has been vocal in urging President Trump to impose a 400% tariff on Chinese imports, arguing the current rates are insufficient to address China's unfair trade practices and intellectual property theft. O'Leary criticizes China for not adhering to World Trade Organization rules and believes that a significant tariff increase would pressure China into compliance and negotiation. While Trump recently raised tariffs on China to 125%, O'Leary insists this is inadequate, emphasizing that the U.S. remains the largest economy and can leverage this to force fairer trade terms. Critics, however, warn that such drastic measures could harm the global economy, with potential volatility in markets and increased costs for American consumers. Despite these concerns, O'Leary maintains that addressing China's behavior is worth the short-term economic pain.