Shark Tank's Kevin O'Leary proposes 400% tariffs on China to address trade and fentanyl issues.

Kevin O'Leary, a Shark Tank investor, called for a "DEFCON 1" trade approach against China by imposing 400% tariffs on Chinese imports. This came after President-elect Trump announced increased tariffs on Chinese and some North American goods. O'Leary believes such drastic measures could compel China to address issues like fentanyl, but economists warn of potential inflation and costs to American consumers.

November 27, 2024
4 Articles