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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O’Leary: China trade deal will serve as ‘hallmark for all other countries’
Businessman Kevin O’Leary said he believes a forthcoming trade deal with the United States’ and China will serve as a model for other nations. His Monday comments came hours after the world’s two largest economies agreed to lower tariffs on foreign imports for 90 days. “And I think where we‘re going is a 10 in…
·Washington, United States
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Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
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R 67%
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