Kevin O’Leary: Trump Should Slam China with 400% Tariffs Now

Kevin O’Leary, the investor from “Shark Tank,” is standing strong with President Trump’s tough trade moves against China. He says Trump’s tariffs are a good start but argues they should be even higher—up to 400%—to force China to play fair. O’Leary claims China has cheated for decades, stealing American ideas and ignoring trade rules since joining the World Trade Organization in 2000. He’s tired of seeing small businesses get ripped off the moment they succeed.

China’s government doesn’t follow the same rules as everyone else, O’Leary explains. They copy successful American products, make cheap versions, and sell them back to the U.S. market. This kills American jobs and crushes entrepreneurs. He says China’s leaders only care about keeping their people employed to stay in power. If tariffs shut down Chinese factories, it would hit them where it hurts.

Past presidents and European leaders never stood up to China, but Trump is different, O’Leary notes. While others talked, Trump took action. The U.S. is still the world’s biggest economy, and now is the time to use that power. O’Leary believes short-term price swings or market chaos are worth it to fix the problem once and for all.

American companies lose trillions to Chinese theft of patents, designs, and technology, O’Leary says. He’s seen it firsthand with businesses he’s invested in. They hit $5 million in sales, then get copied overnight. China’s courts won’t help, and neither will international groups. Only a hard line will work.

O’Leary insists this isn’t about hurting the Chinese people. They have a rich history and culture. The problem is their government, which lies, steals, and cheats. He wants a level field where American companies can compete without being robbed. Letting China keep breaking the rules risks America’s future dominance.

The investor praises Trump’s push for zero tariffs with allies like Europe but says China needs a different approach. Hitting them with massive tariffs will force their leader, Xi Jinping, to negotiate. The U.S. holds all the cards as the top consumer market. If China can’t sell here, their economy cracks.

Some worry about higher prices or economic pain from tariffs. O’Leary brushes that off. He says real patriots can handle a little discomfort to protect American jobs and stop China’s cheating. The stakes are too high to back down.

Time is running out, O’Leary warns. America won’t be the biggest economy forever. Now is the moment to crush China’s unfair tactics. Trump’s tariffs are a good first step, but go bigger. Squeeze until China surrenders and agrees to fair trade. The future of American business depends on it.

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