Kevin O’Leary, Chairman of O’Leary Ventures and Shark Tank investor, discusses President Trump’s approach to governing through social media and making bold moves before taking office. O’Leary suggests that Trump may use a transactional approach to international relations, particularly with China and Panama. He emphasizes the need to confront China’s unfair trade practices by imposing tariffs to protect American businesses. O’Leary also criticizes the World Trade Organization’s designation of China as a developing nation, enabling them to benefit from favorable loans. Additionally, he anticipates changes in the Securities and Exchange Commission under Trump’s administration, potentially leading to more opportunities in the crypto and digital payment market. O’Leary emphasizes the importance of clear regulations for businesses to thrive in these sectors. Overall, O’Leary advocates for a strong stance against China’s trade practices and highlights potential opportunities for American businesses in emerging markets.
