On the surface, it may appear that “Mr Wonderful” Kevin O’Leary is making a ludicrous suggestion. He told a CNN panel that the 104% tariffs against China are not enough and it should be 400%.
That’s crazy… or is it?
The case he makes is that by making it effectively impossible for China to do business with the United States, that it will hasten Chinese Communist Party leadership to come to the table and generate a fair trade deal between the two economic super powers. The idea may not be nearly as crazy as we might initially think.