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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Mars Financial News: Kevin O'Leary, a star investor in the Shark Pool (Shark Tank), said on Monday that he believes the Trump administration will eventually lift the broad tariffs on 185 countries announced last week. "Economic factors are going to eventually dominate everything, and I don't think the Trump administration is stupid," O'Leary said. It sees tariffs as a negotiating tool, and the countries are expected to begin trade talks with the United States soon. Trump's tariffs caused panic among investors, causing the S&P 500 to fall nearly 14% in 14 years and the Nasdaq to fall 19%. Some countries, such as Japan and Vietnam, have approached the United States with a proposal for talks, while China has said it will "fight to the end."