Kevin O’Leary: ‘Shut Down Complete Trade with China and Start Squeezing Them Until They Come to the Table’

RUSH TRANSCRIPT LINE I ░░░░░░░░ to to get your ░░░░░░░░ It was a wild ░░░░░░░░ week and now it ░░░░░░░░ there s at lot ░░░░░░░░ negotiating going on but ░░░░░░░░ re playing pretty tough ░░░░░░░░ China right now Your ░░░░░░░░ O LEARY Because China ░░░░░░░░ not in the same ░░░░░░░░ as the others I ░░░░░░░░ you can think about ░░░░░░░░ circle of friendship with ░░░░░░░░ E u England which ░░░░░░░░ not part of the ░░░░░░░░ I u Switzerland and ░░░░░░░░ the other countries and ░░░░░░░░ course Canada and Mexico ░░░░░░░░ can see that coming ░░░░░░░░ with some kind of ░░░░░░░░ resip procall tariff and ░░░░░░░░ think we re well ░░░░░░░░ the way there China ░░░░░░░░ a different story The ░░░░░░░░ with China is we ░░░░░░░░ some real issues with ░░░░░░░░ since 2000 when they ░░░░░░░░ into the world trade ░░░░░░░░ They ve never complied ░░░░░░░░ any of the rules ░░░░░░░░ are thousands of complaints ░░░░░░░░ at the wto and ░░░░░░░░ ve never been adjudicated ░░░░░░░░ been resolved Now when ░░░░░░░░ do business in China ░░░░░░░░ can t use their ░░░░░░░░ system and yet they ░░░░░░░░ use ours They can ░░░░░░░░ sue me here with ░░░░░░░░ products that they stole ░░░░░░░░ ip from And so ░░░░░░░░ ve got got a ░░░░░░░░ imbalanced playing field It ░░░░░░░░ not a level playing ░░░░░░░░ at all Even worse ░░░░░░░░ that I m just ░░░░░░░░ you a list of ░░░░░░░░ giving you a list ░░░░░░░░ litany that has to ░░░░░░░░ resolved the trade tariffs ░░░░░░░░ get to use our ░░░░░░░░ markets the New York ░░░░░░░░ Exchange and the NASDAQ ░░░░░░░░ list companies that are ░░░░░░░░ compliant with general accounting ░░░░░░░░ You don t even ░░░░░░░░ a real share You ░░░░░░░░ a shadow share and ░░░░░░░░ don t provide the ░░░░░░░░ financial statements and they ░░░░░░░░ not compliant By the ░░░░░░░░ they should be getting ░░░░░░░░ and I believe they ░░░░░░░░ be soon because a ░░░░░░░░ sheriff in town Paul ░░░░░░░░ just got approval to ░░░░░░░░ the sec and he ░░░░░░░░ going to be a ░░░░░░░░ hawk I believe So ░░░░░░░░ of this stuff has ░░░░░░░░ get resolved And that ░░░░░░░░ why my view is ░░░░░░░░ Don t We just ░░░░░░░░ it up Why mess ░░░░░░░░ with these 25 a ░░░░░░░░ increases just go to ░░░░░░░░ percent.”