During a CNN appearance Tuesday night, Mr. Wonderful Kevin O’Leary said he supports Trump’s trade war with China; “It’s time to squeeze Chinese heads into the wall now!” O’Leary said.
He also said he wants 400% tariffs on China to get Xi Jinping on an airplane to D.C. ready to make a deal.
“They don’t play by the rules. They’ve been in the WTO for decades, they have never abided by any of the rules they agreed to when they came in,” he said.
“They cheat, they steal, they steal IP. I can’t litigate in their courts. They take product technology, they steal it, they manufacture it and sell it back here.”
CNN host Laura Coates pushed back: “400% tariffs?”
“I want [President] Xi [Jinping] on an airplane to Washington to level the playing field. This is not about tariffs anymore,” he said.
“Nobody has taken on China yet. Not the Europeans. No administration for decades.”
“I speak for millions of Americans who have IP that have been stolen by the Chinese,” he said.
“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 insists China will buckle under extreme pressure.
“Xi can only stay the Supreme Leader if people are employed,” he said.
“If we wipe out any business there — because we are still 39% of all consumables on Earth and 25% of the world’s GDP — America is the number one economy on Earth with all the cards.”
Watch the clip below:
NEW: Kevin O’Leary calls for 400% tariffs on China, says it’s time to “squeeze Chinese heads into the wall.”
O’Leary praised Trump for playing hardball with the Chinese.
“They cheat, they steal. They steal IP. I can't litigate in their courts.”
“You may not like Trump, you may… pic.twitter.com/PMVaDzP5V4
— Collin Rugg (@CollinRugg) April 9, 2025