China Needs ‘A Lot More Squeezing’ than Trump’s Current Tariff Threat

On Tuesday, on Fox News Channel’s “Americas Newsroom,” Shark Tank star Kevin O’Leary said President Donald Trump’s plan to implement 10% tariffs on China is not enough to squeeze them.

Co-host Dana Perino said, “So Mexico and Canada were obviously motivated to try to get to a deal with President Trump yesterday, and they got a 30-day pause. Do you think President Xi is of a similar mind?”

O’Leary said, “No, I don’t. I think China is a completely unique situation, very different than Mexico, very different than Canada. China, since 1999, when they joined the WTO, has never abided by the rules in any single year, and they certainly don’t abide by IP law. And clearly, the fentanyl issue has been outstanding for years. In addition to that, from a manufacturing point of view, a company we all know well, Apple does a massive amount of manufacturing and job…

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