


“Shark Tank” investor Kevin O’Leary said Tuesday “it’s time to squeeze Chinese heads into the wall now!” as he proposed 400% tariffs on China. (Watch the video below.)
The entrepreneur’s violent phrasing for applying pressure on the manufacturing power in President Donald Trump’s trade war made the media rounds of course.
O’Leary said he does business in China and accused the Chinese of cheating and stealing ― particularly in co-opting Western technology and selling it back to the West.
He said he wanted President Xi Jinping “on an airplane to Washington to level the playing field.”
“This is not about tariffs anymore,” he continued on CNN’s “Laura Coates Live.” “Nobody has taken on China yet. Not the Europeans. No administration for decades. As someone who actually does business there, I’ve had enough. I speak for millions of Americans who have [intellectual property] that have been stolen by the Chinese. I have nothing against the Chinese people. They brought great literacy, art and tech to the world. The government cheats and steals and finally an administration — you may not like Trump, you may not like his style or his rhetoric — finally, an administration that puts up and says ‘Enough! 400% tariffs tomorrow morning!’”
O’Leary emphasized America’s lofty standing in consumables and gross domestic product, then dropped his descriptive plea for Trump to make the Chinese government capitulate.
“America is the No. 1 economy on Earth with all the cards,” he said. “We will not have that forever. It’s time to squeeze Chinese heads into the wall now!”
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Heads may be squeezed on both sides as China raised its tariff on U.S. goods to 84% Wednesday after Trump increased U.S. levies on Chinese products to 104%.
China will “fight to the end,” the country’s Ministry of Commerce wrote.
O’Leary has used similar rhetoric before, so perhaps it’s no surprise that’s where his head is at now.