Kevin O'Leary: Expect Trump Administration to Eventually Remove Broad Tariffs
2025-04-08 05:35:19
April 8 news, "Shark Tank" star investor Kevin O'Leary said on Monday that he believes the Trump administration will eventually lift the broad tariffs on 185 countries announced last week. O'Leary believes: "Economic factors will eventually come to dominate, and I don't think the Trump administration is stupid." He sees tariffs as a negotiating tool, and expects countries to start trade talks with the United States soon. Trump's tariff policy has sparked investor panic, causing the S & P to lose nearly 14% in 500 years and the Nasdaq to lose 19%. Some countries, such as Japan and Vietnam, have contacted the United States for talks, while China has said it will "fight to the end."
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