Investor Kevin O’Leary urges delisting Chinese stocks to pressure Beijing on tariffs in US-China trade war
The Chairman of the Board of Directors of O’Learey Ventures Kevin O’Leari is discussing Chinese companies that are trading on American stock exchanges and where the Tiktok deal stands.
With long -distance walking in China, the “Shark Tank” star and businessman Kevin O’Leari calls to delete the assets of the discount from the market.
“My appreciation, as of this morning, is somewhere between $ 500 to $ 700 billion in the market value that must be deleted, removed, and add more pressure on the Chinese to come to the table,” Oliri said in “Al -Sabah with Maria” on Friday.
“I am talking on behalf of every American investor. It is enough,” he added. “I don’t know why this is happening. I just ask the new [SEC] The president: Supporting the law, just supporting the law. “
Early on Friday, China announced that it would raise a tariff on American imports from 84 % to 125 %. This step represents the latest escalation of a continuous trade war between the United States and China, which is led by the Communist Party of China.
Australia refuses to “join hands” with China to fight US definitions
China has indicated that it took this step in response to the United States, which raises definitions, but also claimed that it was not planning to take revenge on any possible increase in the United States.
Kevin Olieri, Chairman of the Board of Directors of O’Learey Ventures, is speaking before the Committee for the Away and the Aging Council at the joint hearing of the Communist Party of China on April 9, 2025. (Getty Images)
Olieri criticized China for adhering to the rules and regulations since joining the World Trade Organization in 2000, and suggested that they taste their drugs.
“I am an investor. I take public companies on the Nasdak Stock Exchange and share shares in New York. I pay millions of dollars every year in compliance. I have no choice but to be compatible, transparent and committed to [Generally Accepted Accounting Principles]. Next to my side, the issuance of shares without any guidelines at all, the Chinese companies.
The White House Adviser for Trade and Manufacturing Peter Navarro provides an internal view of the tariff negotiations while sending an important message to China, and interacted with recent stock fluctuations.
“I am competing for this dollar. I invest in our markets and be compatible, and my Chinese competitors, the same bank I use, will go to institutions on the same day in displaying the road and collecting money for the so -called shadow share,” expanded. “It is not even a real share. They don’t even have any rights. They take the dollar.”
“So I put my hand, saying, wait a moment, just follow the law. Delete these companies, make them compatible with me.”
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The investor “Shark Tank” Kevin O’Leari argued that short -term fluctuations of drivers are acceptable to force China to come to the table and stop its unbalanced practices against the American economy.
The latest declaration of revenge in China comes as President Donald Trump slapped a 125 % tariff on the best Asian source.
In response, the Chinese Finance Ministry said: “The United States’s imposition of high definitions is abnormally on China seriously violates international economic and commercial rules, as it violates basic economic laws and proper instinct. It is one side unilaterally, if the United States continues, the United States will continue to supervise, at the level of China on China.
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Alex Nitzberg contributed to Fox Business in this report.
2025-04-11 14:58:00
