{"id":846833,"date":"2025-05-08T20:12:15","date_gmt":"2025-05-09T01:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/08\/shark-tank-star-kevin-oleary-says-current-tariffs-on-china-are-not-enough-calls-for-400-they-dont-play-by-the-rules\/"},"modified":"2025-05-08T20:12:15","modified_gmt":"2025-05-09T01:12:15","slug":"shark-tank-star-kevin-oleary-says-current-tariffs-on-china-are-not-enough-calls-for-400-they-dont-play-by-the-rules","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/08\/shark-tank-star-kevin-oleary-says-current-tariffs-on-china-are-not-enough-calls-for-400-they-dont-play-by-the-rules\/","title":{"rendered":"\u2018Shark Tank\u2019 Star Kevin O\u2019Leary Says Current Tariffs on China Are Not Enough, Calls for 400%: \u2018They Don\u2019t Play by the Rules\u2019"},"content":{"rendered":"<div>\n<p>Kevin O\u2019Leary does not think President Donald Trump has gone far enough with \u201cLiberation Day\u201d tariffs against China.<\/p>\n<p>The \u201cShark Tank\u201d host specifically pointed to China while appearing on CNN and stated the current tariffs on the nation simply are not high enough. O\u2019Leary suggested that \u201c104% tariffs on China are not enough\u201d and that Trump should crank up the number by a couple hundred more percent.<\/p>\n<p>\u201cI\u2019m advocating 400%,\u201d he said. \u201cI do business in China. They don\u2019t play by the rules. They\u2019ve been in the WTO for decades. They have never abided by any of the rules they agreed to when they came in, for decades. They cheat, they steal, they steal IP, I can\u2019t litigate in their courts. They take product technology, they steal it, they manufacture it and sell it back here.\u201d<\/p>\n<p>Watch the Canadian businessman and TV personality\u2019s CNN appearance below:<\/p>\n<figure>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/gyRXiXQlTMQ?si=HxD6uY9jqFEoW3Y7\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/figure>\n<p>He continued: \u201cI want Xi on an airplane to Washington to level the playing field. It\u2019s just not about tariffs anymore. Nobody has taken on China yet \u2026 As someone who actually does business there, I\u2019ve had enough.\u201d<\/p>\n<p>On Wednesday, Trump announced a 90-day pause on tariffs against 75 countries that reached out to negotiate with the U.S. He reduced all the tariffs for the compliant countries to 10% while ratcheting up China\u2019s tariff to 125%.<\/p>\n<p>\u201cBased on the lack of respect that China has shown to the World\u2019s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,\u201d he wrote on Truth Social. \u201cAt some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.\u201d<\/p>\n<p>Following news of the pause, the stock market rebounded with the S&#038;P 500, Nasdaq and Dow Jones all showing healthy Wednesday gains.<\/p>\n<p>Watch the full CNN clip above.<\/p>\n<div>\n<p><a href=\"https:\/\/www.thewrap.com\/media-tech-stocks-soar-trump-tariff-pause\/\"><br \/>\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/i0.wp.com\/www.thewrap.com\/wp-content\/uploads\/2025\/02\/trumpsmirk.png?fit=300%2C169&#038;quality=80&#038;ssl=1\" alt=\"U.S. President Donald Trump appears during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House on March 13, 2025 in Washington, DC. The two leaders met as the Trump administration has once again put the military alliance between the United States and Western Europe in question. (Credit: Andrew Harnik\/Getty Images)\"   data-portal-copyright=\"TheWrap\" data-has-syndication-rights=\"1\">\t\t\t\t\t<\/a><\/p>\n<\/p><\/div>\n<\/div>\n<p><a href=\"https:\/\/www.thewrap.com\/shark-tank-kevin-oleary-trump-tariffs-china-400-percent-cnn\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin O\u2019Leary does not think President Donald Trump has gone far enough with \u201cLiberation Day\u201d tariffs against China. The \u201cShark Tank\u201d host specifically pointed to China while appearing on CNN and stated the current tariffs on the nation simply are not high enough. O\u2019Leary suggested that \u201c104% tariffs on China are not enough\u201d and that<\/p>\n","protected":false},"author":1,"featured_media":846834,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[541,542],"tags":[9927,8665],"class_list":{"0":"post-846833","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-shark","8":"category-tank","9":"tag-shark","10":"tag-tank"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=846833"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/846834"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=846833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=846833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=846833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}