O’Leary says Trump shouldn’t stop at tariffs

5 months ago
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Kevin O’Leary says Trump shouldn’t stop at tariffs—he should squeeze China’s head until they beg for a deal.

Mr. Wonderful just went full throttle on China—calling for Trump to slap a 400% tariff on Chinese imports and keep the pressure on until Beijing comes crawling to the negotiating table.

“I like 400. It kind of has a nice ring to it,” O’Leary said, urging Trump to crank the heat on an already panicked Chinese Communist Party.

And make no mistake—O’Leary says they’re already feeling it.

“It’s not all good over there. I think further head-squeezing is necessary, and I don’t care.”

While the media plays up fears of a trade war, Mr. Wonderful sees something else entirely: the CCP cracking behind the scenes.

“Sounds like the beginning of a negotiation to me… It’s noise.”

“I can guarantee you right now within the Chinese Communist Party there's people talking about this. I'm sure there's a little bit of dissension.”

The numbers don’t lie. China’s economy is in freefall. Their real estate sector has collapsed under the weight of trillions in debt, and their currency is on the verge of devaluation.

“This is not good for China… They had a major real estate correction with billions of dollars of debt at stake—even trillions.”

“They’ve got problems, and they may have to devalue their currency, which is a tax on Europe and the United States.”

So what’s the right move?

According to O’Leary: hit harder.

“Be bombastic. Go to a crazy rate to signal that you're not going to mess around.”

That means Trump should threaten to completely shut down trade—and let the pressure build from inside Chinese factories.

“Just say, look, we're going to shut down trade. And all those people in your factories that you’ve got to keep employed? They’re probably getting a little nervous.”

“It’s time for you to meet the president—wherever. They can fly to any city: Riyadh, Geneva, come to Washington. Whatever it is. Start these negotiations.”

O’Leary’s not worried about the markets. He says they’ll settle the second China folds.

“When that happens, the markets are going to stabilize… everybody should just chillax and wait for this to happen, because it's going to.”

Bottom line:

• The Chinese economy is in crisis.

• Trump holds all the leverage.

🔥 And Kevin O’Leary says now is the time to squeeze harder than ever before.

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