Kevin O'Leary emphasized the urgency of a drastic tariff strategy against China, arguing that a 400% tariff would force the Chinese leadership to address U.S. concerns, specifically regarding the fentanyl crisis. O'Leary believes that challenging China with extreme measures reflects their chronic disregard for international trade rules since joining the WTO. He insisted that the real trade conflict lies with 'a cheater, a liar, and a stealer,' underscoring the need for a bold U.S. response.
During a debate on CNN, O'Leary asserted that targeting specific sectors of the Chinese economy is crucial. He illustrated his point with yoga mats, saying if 400% tariffs were imposed, the resulting unemployment would lead to public unrest. This strategy, O'Leary argued, could force the Supreme Leader of China to address the economic grievances of the populace, emphasizing that 'that's when he wakes up and says, Wow, I can't sustain my supreme leadership.'
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