Kevin O'Leary: Expect Trump administration to eventually eliminate widespread tariffs "
On April 8,"Shark Tank" star investor Kevin O'Leary said on Monday that he believed the Trump administration would eventually cancel the wide-ranging tariffs on 185 countries announced last week. O'Leary believes: "Economic factors will ultimately dominate everything, and I don't think the Trump administration is stupid. "He views tariffs as a negotiating tool and expects countries to start trade talks with the United States soon. Trump's tariff policies have sparked investor panic, causing the S&P to fall nearly 14% in 500 years and the Nasdaq index to fall 19%. Some countries such as Japan and Vietnam have approached the United States to seek negotiations, while China has said it will "fight to the end."
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