Kevin O’Leary, also known as Mr. Wonderful from the TV show Shark Tank, has called for a 400% tariff on China, arguing that the current 104% tariff imposed by President Donald Trump is not enough.
What Happened: O’Leary voiced his opinion during a CNN panel discussion on Tuesday. The entrepreneur, who is the chairman of O’Shares Investment and private-equity firm O’Leary Ventures, criticized China’s trade practices.
“They don’t play by the rules,” O’Leary stated, referring to China’s behavior in the World Trade Organization and his business experience with the country. According to him, China steals product technology and sells it back to the U.S.
Full story available on Benzinga.com
Kevin O’Leary, also known as Mr. Wonderful from the TV show Shark Tank, has called for a 400% tariff on China, arguing that the current 104% tariff imposed by President Donald Trump is not enough.
What Happened: O’Leary voiced his opinion during a CNN panel discussion on Tuesday. The entrepreneur, who is the chairman of O’Shares Investment and private-equity firm O’Leary Ventures, criticized China’s trade practices.
“They don’t play by the rules,” O’Leary stated, referring to China’s behavior in the World Trade Organization and his business experience with the country. According to him, China steals product technology and sells it back to the U.S.
Full story available on Benzinga.com
Kevin O’Leary, also known as Mr. Wonderful from the TV show Shark Tank, has called for a 400% tariff on China, arguing that the current 104% tariff imposed by President Donald Trump is not enough.
What Happened: O’Leary voiced his opinion during a CNN panel discussion on Tuesday. The entrepreneur, who is the chairman of O’Shares Investment and private-equity firm O’Leary Ventures, criticized China’s trade practices.
“They don’t play by the rules,” O’Leary stated, referring to China’s behavior in the World Trade Organization and his business experience with the country. According to him, China steals product technology and sells it back to the U.S.
104% tariffs on China are not enough. I’m advocating 400%. I do business with China. They don’t play by the rules. They’ve been in the WTO for decades. They have never abided by any …Full story available on Benzinga.com Read MoreAPPL, Equities, News, Economics, Markets, General, APPL, US0378071049, News, Equities, Economics, Markets, General, Benzinga News
