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NEW: Kevin O’Leary says Trump’s tariffs are actually a smart play....and the markets are about to explode.
Mr. Wonderful just connected the dots in a way no one else is saying:
“What Trump is really putting in place is a VAT tax. A consumption tax. He’s just not calling it that.”
He says the so-called “tariffs” are actually reciprocal taxes....no different from what Europe and Canada already do.
“You start to see tariff rates between 10 and 12%, that’s the same as the VAT taxes the Swiss, French, British, and Canadians already charge.”
He even predicts the final landing spot:
“If we end up globally with a reciprocal 10–12%, everything works out—and the market thinks that too.”
“That’s why these indices are near all-time highs.”
The panic over tariffs? About to get real quiet.
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