Results for: China tariffs

Palantir co-founder Peter Thiel forecasts that President-elect Trump’s proposed 60% tariffs on Chinese goods will severely harm China while having a mildly negative effect on American consumers, potentially shifting manufacturing to Vietnam. This prediction follows a recent market downturn in China-linked ETFs after Trump’s victory.

Mark Cuban and Kevin O’Leary, stars of the popular show ‘Shark Tank,’ have engaged in a public spat over China tariffs, highlighting the ongoing debate on trade policy. O’Leary advocates for drastic measures, while Cuban warns of potential harm to US businesses.