Overview

• Kevin O'Leary is advocating for a 400% tariff on Chinese goods, arguing that this is necessary to compel China to negotiate a fair trade deal.
• O'Leary criticized the current 125% tariff imposed by President Trump, stating it fails to address China's alleged long-standing unfair trade practices.
• He accuses China of intellectual property theft and violating World Trade Organization rules for decades, harming U.S. businesses and global trade fairness.
• President Trump recently raised tariffs on Chinese imports to 125% while reducing tariffs for 75 other countries willing to negotiate with the U.S.
• O'Leary's proposal aims to pressure Chinese President Xi Jinping into taking significant action to level the economic playing field.