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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