Kevin O'Leary Critiques U.S.-China Tariff Negotiations

Kevin O'Leary, the 'Shark Tank' investor, expressed concerns about China's position in the ongoing tariff conflict during an interview on Fox Business. He warned that China could be 'virtually screwed' in a stalemate and emphasized that the U.S. holds significant leverage in negotiations, as a substantial portion of Chinese goods is consumed by American consumers. O'Leary criticized the Trump administration for its inconsistent messaging on tariff policies, suggesting that clearer communication is necessary. He also dismissed the notion that China could disrupt the U.S. economy by selling off its Treasury securities, arguing that such a move would backfire on China. He believes that if negotiations do not progress, it could lead to dire economic consequences for China. O'Leary's comments highlight the complex dynamics of U.S.-China trade relations amidst ongoing tariff disputes.