Investor Kevin O’Liri has urged President Donald Trump to impose even more penalties for China, as trade negotiations between the two countries continue to heat up.
Investor Kevin O’Leary called on the president Donald Trump To impose even more penalties for China on Tuesday, as the Trump administration continues to maintain the line of its trade policies ahead of heavy market instability.
“104% tariffs against China are not enough. I stand for 400%,” O’Leary said in an interview with SI -N. “I have been working in China. They do not play by the rules. They have been in a hundred for decades. They have never adhered to any of the rules they have agreed when they have entered for decades. They deceive, steal, steal IP, I can’t argue in their courts.”
Press Secretary Caroline Levitt confirmed on Tuesday that an additional 104% tariff for Chinese imports would be imposed on Wednesday. In a press briefing on Tuesday, Levitt also reiterated Trump’s belief that China is seeking to make a deal.
Trump’s reciprocal tariffs, additional taxes in China take effect
Investor Kevin O’Liri has urged President Donald Trump to impose even more penalties for China as the Trump administration continues to fight China and Europe for trade policy. (News by Si -N / Fox)
“I want (Chinese President) XI on a plane to Washington to level the playing field,” he said.
“This is no longer for tariffs,” O’Leary continued. “No one has taken over China yet. No Europeans. No administration for decades. As someone who actually works there, I had enough. I talk about millions of Americans who have been stolen by the Chinese.”
“The government deceived and stolen and finally administration – you may not like Trump, you may not like his style or his rhetoric – finally, the administration that is set and says” enough “.
“Seismic shift” in trade causes fractured messages at Trump’s tariffs
President Donald Trump speaks to media members of the Southern lawn in the White House in Washington, DC (Reuters / Nathan Howard / Reuters)
O’Leary said he would force him to negotiate with the United States because “Xi can only remain the supreme leader if people are employed.”
“Now is the time to drain the Chinese heads in the Wallid,” he added, explaining that the United States still has a great economic support as the world’s leading economic power to force China into the bargaining table.
Fox Business “Rachel Wolf” contributed to this report.
Source link
