Kevin O’Leary said on Fox Business that the European Union’s “zero-for-zero” tariff offer presents Trump with a rare opportunity to ease trade tensions. The proposal would eliminate tariffs on industrial goods if the U.S. reciprocates. O’Leary called it a critical moment in global trade, with the potential to boost U.S. carmakers in markets like Germany and France. He warned that failure to act could prolong instability but described the proposal as a potential “beautiful outcome.”
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Kevin O'Leary said on Fox Business that the European Union's zero-for-zero tariff offer
00:06presents Trump with a rare opportunity to ease trade tensions.
00:10The proposal would eliminate tariffs on industrial goods if the U.S. reciprocates.
00:13O'Leary called it a critical moment in global trade,
00:16with the potential to boost U.S. carmakers in markets like Germany and France.
00:20He warned that failure to act could prolong instability,
00:23but describe the proposal as a potential beautiful outcome.
00:25For all things money, visit Benzinga.com slash GSTV.