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, somewhere between $ 500 to $ 700 billion of the market value that must be deleted and removed, and add more pressure on the Chinese to come to the table,” Oliri said. On “Morning with Maria” Friday.
“I am talking on behalf of every American investor. It is enough,” he added. “And I don’t know why this is happening. I just ask the new president (SEC): to adhere to the law, just stick to the law.”
China announced early on Friday It will raise the definitions 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 am dealing with public companies on the Nasdaq 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 adhere to (generally acceptable accounting principles).
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 am Investing in our markets And consensus, and the Chinese competitors, the same bank that I use, will go to institutions on the same day in a display on the road and collect money for the so -called shadow, “I have expanded.” It is not even a real share. They do not 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.”
Get Fox Business on the Go by clicking here
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.
Alex Nitzberg contributed to Fox Business in this report.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/04/0/0/kevin-oleary-4-9-25.jpg?ve=1&tl=1
Source link