Jan 11, 2025

Kevin O’Leary supports tariffs on China

China's a different issue completely to Canada or any other country.  Since they came into the World Trade Organization, they have broken the rules with every country, including the U.S. 

I'm an individual who does business there.  My businesses have been absolutely screwed.  I've said it countless times.  They don't play by the rules.  There's nothing reciprocal in our relations. 

The only way to put [Xi] at risk is to say, look, if you want to mess with the largest economy you trade with, then we're going to force a lot of people that make yoga mats or electronics or whatever else it is to be unemployed in your cities, and they'll be rioting in the streets, they won't have any bread, and you will be out of power.  That is the only way it's going to work — so very selected high-impact weaponry like tariffs, but you've got to be hardcore. 

[Xi] only understands the stick.  That's all he understands.  Any weakness at all, he plays off and he has done so for years.  So I'm hoping this is the administration that fixes the problem.  I have really been hurt by China, and there are millions of other businesses in America in the same boat I'm in. 




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