Investor Kevin O’Leary demands even more criminal tariffs in China, 400%

Investor Kevin O’Leary asked President Donald Trump to force even more punishable tariffs on Tuesday, since the Trump government continues to keep the border over its trading policy after the serious market volatility.

“104% tariffs against China are not enough. I support 400%,” said O’Leary in an interview about CNN. “I do business in China. They don’t play according to the rules. They have been in the WTO for decades. They are never reserved in the rules that they have agreed for decades.

The press spokeswoman Karoline Leavitt confirmed on Tuesday that an additional 104% tariff will be imposed on Chinese imports on Wednesday. In the press conference on Tuesday, Leavitt also confirmed Trump’s conviction that China wanted to complete a deal.

Trump mutual tariffs, additional China taxes in force

Investor Kevin O’Leary asked President Donald Trump to impose even more punished tariffs for China, as the Trump government continues to fight against China and Europe. (CNN / FOX News)

“I want (China’s President) XI to run out the field in a plane to Washington,” he said.

“This is no longer about tariffs,” continued O’Leary. “Nobody has accepted China in China. Not the Europeans. No administration for decades. As someone who actually does business there, I have enough. I speak for millions of Americans who have IP stolen by the Chinese.”

“The government is cheating and stealing and finally an administration – you may not like Trump, you may not like his style or rhetoric – finally an administration that is setting up and ‘enough’.”

“Seismic shift” in the trade, which causes broken messages about Trump tariffs

President Donald Trump speaks to members of the media on the South Lawn in the White House in Washington, DC (Reuters / Nathan Howard / Reuters)

O’Leary said that it would force him to negotiate with the United States because “XI can only remain the highest leader when people are busy” when people are busy to exert massive economic pressure on the Chinese president.

“It is time to press Chinese minds into the wall now,” he added, explaining that the United States still has a large economic lever to force China to the negotiating table.

Rachel Wolf from Fox Business contributed to this report.

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