Kevin O'Leary is grabbing headlines on a daily basis; he supports Donald Trump's tariffs on China and says the only way to work with Xi Jinping is to trigger ‘riots in the streets of China'
Budget with ET
Budget 2025 can position India as the world’s China Plus One hub with manufacturing prowess
Will India's robust GST kitty help Sitharaman stick to fiscal glide path?
Budget 2025’s starry aim: Does India need more funds to fuel its cosmic dreams?
O'Leary's Perspective on China's Trade Practices
O'Leary emphasizes that China respects only stringent actions. He believes that imposing heavy tariffs is necessary to level the playing field and protect American interests. This viewpoint aligns with Trump's previous stance on using tariffs as a tool to address trade imbalances. He advocates for a decisive approach, stating that the U.S. needs to go «DEFCON 19 against China» to enforce fair trade practices.
Potential Domestic Impact of Tariffs
While O'Leary supports these tariffs, he acknowledges the potential domestic challenges. He predicts that implementing such measures could lead to significant domestic unrest, including «riots in the streets.» This highlights the complex balance between asserting economic policies and maintaining domestic stability.
Also Read: Neil Gaiman Faces Allegations of Decades-Long Abuse Amid Disturbing Reports
Kevin O'Leary's advocacy for Trump's tariffs underscores the ongoing debate over trade policies with China. His perspective offers insight into the potential economic and social ramifications of such measures.Kevin O'Leary's advocacy for Trump's tariffs underscores the ongoing debate over trade policies with China.
Artificial Intelligence(AI)
Java Programming with
