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O’Leary: China trade deal will serve as ‘hallmark for all other countries’

  • Kevin O'Leary praised the Trump administration’s trade talks with China in Geneva aimed to finalize a deal in 90 days.
  • The talks followed tariff reductions by both countries, with the U.S. Lowering from 145% to 30% and China from 125% to 10%.
  • O'Leary said the completed deal will set a standard for other nations and highlighted Treasury Secretary Scott Bessent's strong role.
  • O'Leary gave Bessent a 'hundred out of a hundred,' but urged persistence, noting the trade framework as a form of a 10% reciprocal tax.
  • O'Leary suggested a successful deal would influence broader trade policy, although he previously supported tariffs as high as 400% to pressure China.
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The Hill broke the news in Washington, United States on Tuesday, May 13, 2025.
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