Kevin O’Leary: Trump’s Tariffs Is ‘Strengthening the American Brand’

COATES Is Trump s ░░░░░░░░ war Kevin tarnishing the ░░░░░░░░ brand O LEARY No ░░░░░░░░ at all I mean ░░░░░░░░ narrative on China is ░░░░░░░░ than the rest of ░░░░░░░░ countries So you know ░░░░░░░░ about China being worried ░░░░░░░░ them and being concerned ░░░░░░░░ s understand what they ░░░░░░░░ been doing for the ░░░░░░░░ 25 years Remember they ░░░░░░░░ the COATES Before you ░░░░░░░░ that question that you ░░░░░░░░ answering I want you ░░░░░░░░ answer the one I ░░░░░░░░ though Do you think ░░░░░░░░ s actually tarnishing America ░░░░░░░░ brand like the way ░░░░░░░░ Ken Griffin said Because ░░░░░░░░ course more than 7 ░░░░░░░░ in value has been ░░░░░░░░ from the S P ░░░░░░░░ it was what the ░░░░░░░░ two months Do you ░░░░░░░░ there has been a ░░░░░░░░ of the brand that ░░░░░░░░ be reversed if at ░░░░░░░░ O LEARY No it ░░░░░░░░ strengthening the American brand ░░░░░░░░ s the whole point ░░░░░░░░ How O LEARY We ░░░░░░░░ the largest economy on ░░░░░░░░ We re 39 of ░░░░░░░░ goods consumed worldwide We ░░░░░░░░ 26 1 of world ░░░░░░░░ And if we don ░░░░░░░░ fight against China s ░░░░░░░░ of IP of not ░░░░░░░░ by the World Trade ░░░░░░░░ laws all of the ░░░░░░░░ going on forever the ░░░░░░░░ of every mold of ░░░░░░░░ American product that is ░░░░░░░░ the American brand is ░░░░░░░░ It s about democracy ░░░░░░░░ and rule of law ░░░░░░░░ you want China to ░░░░░░░░ shotgun on every small ░░░░░░░░ company that hits 5 ░░░░░░░░ in sales I m ░░░░░░░░ you every administration for ░░░░░░░░ years has never addressed ░░░░░░░░ problem till now I ░░░░░░░░ not COATES Wait what ░░░░░░░░ Ken s point about ░░░░░░░░ small companies GERBER But ░░░░░░░░ that s not what ░░░░░░░░ question is Kevin Kevin ░░░░░░░░ re Canadian okay And ░░░░░░░░ Cross talk O LEARY ░░░░░░░░ can t hear hold ░░░░░░░░ both of you stop ░░░░░░░░ want to hear both ░░░░░░░░ your points I want ░░░░░░░░ me excuse me I ░░░░░░░░ to hear your point ░░░░░░░░ I want to hear ░░░░░░░░ point but because you ░░░░░░░░ over him I couldn ░░░░░░░░ hear the initial point ░░░░░░░░ wanted to hear your ░░░░░░░░ Kevin first the idea ░░░░░░░░ small businesses What was ░░░░░░░░ reaction to what Ross ░░░░░░░░ to say about small ░░░░░░░░ And then Ross continue ░░░░░░░░ ahead Kevin O LEARY ░░░░░░░░ invests in more small ░░░░░░░░ in America than I ░░░░░░░░ 62 of jobs created ░░░░░░░░ America are by businesses ░░░░░░░░ to 500 employees I ░░░░░░░░ their advocate I have ░░░░░░░░ of cases of how ░░░░░░░░ has screwed them over ░░░░░░░░ getting them to 5 ░░░░░░░░ in sales on domestic ░░░░░░░░ then stealing their products ░░░░░░░░ them back into the ░░░░░░░░ market and the molds ░░░░░░░░ actually are in China ░░░░░░░░ run the American product ░░░░░░░░ the day and the ░░░░░░░░ knockoff at night I ░░░░░░░░ this every day and ░░░░░░░░ m just telling you ░░░░░░░░ we don t address ░░░░░░░░ at some point now ░░░░░░░░ there s no way ░░░░░░░░ dispute it you can ░░░░░░░░ use the WTO you ░░░░░░░░ t litigate in China ░░░░░░░░ raise money in our ░░░░░░░░ without even complying by ░░░░░░░░ I m just saying ░░░░░░░░ a second let s ░░░░░░░░ level the playing field ░░░░░░░░ I m not worried ░░░░░░░░ how Chinese feel about ░░░░░░░░ I love the Chinese ░░░░░░░░ I want to do ░░░░░░░░ there Their government cheats ░░░░░░░░ robs and does not ░░░░░░░░ by any rules I ░░░░░░░░ t think 125 is ░░░░░░░░ 400 COATES Ross are ░░░░░░░░ convinced by that point ░░░░░░░░ you convinced because Kevin ░░░░░░░░ want to hear from ░░░░░░░░ now Ross go ahead ░░░░░░░░ I don t consider ░░░░░░░░ debate over whether China ░░░░░░░░ things that are bad ░░░░░░░░ American businesses We all ░░░░░░░░ with that It s ░░░░░░░░ we deal with it ░░░░░░░░ you don t want ░░░░░░░░ answer the question which ░░░░░░░░ tarnishing the American brand ░░░░░░░░ This isn t just ░░░░░░░░ China You re Canadian ░░░░░░░░ the Canadians couldn t ░░░░░░░░ more angry at us ░░░░░░░░ I live in California ░░░░░░░░ the Canadians are like ░░░░░░░░ we re just not ░░░░░░░░ to California now And ░░░░░░░░ can t tell you ░░░░░░░░ much money in California ░░░░░░░░ make off Canadian tourism ░░░░░░░░ tourism has gone negative ░░░░░░░░ in the United States ░░░░░░░░ foreigners because it s ░░░░░░░░ our brand The way ░░░░░░░░ re handling it we ░░░░░░░░ the richest country in ░░░░░░░░ world and the same ░░░░░░░░ businesses you represent now ░░░░░░░░ getting screwed with these ░░░░░░░░ because they have to ░░░░░░░░ them Have you actually ░░░░░░░░ to all your business ░░░░░░░░ recently Because I talk ░░░░░░░░ them every day in ░░░░░░░░ job and I have ░░░░░░░░ 8000 clients and tons ░░░░░░░░ them are business owners ░░░░░░░░ I can tell you ░░░░░░░░ is we re about ░░░░░░░░ see a dramatic increase ░░░░░░░░ costs across America Americans ░░░░░░░░ never had things disappearing ░░░░░░░░ the shelves since Covid ░░░░░░░░ so do you do ░░░░░░░░ want to have a ░░░░░░░░ where you can t ░░░░░░░░ socks You know like ░░░░░░░░ re not going to ░░░░░░░░ manufacturing socks in America ░░░░░░░░ it s just we ░░░░░░░░ to start growing up ░░░░░░░░ accepting the world isn ░░░░░░░░ like in 1920 anymore ░░░░░░░░ like the manufacturing that ░░░░░░░░ want to bring back ░░░░░░░░ America isn t the ░░░░░░░░ we want So this ░░░░░░░░ application is a disaster.”