{"id":102863,"date":"2025-07-29T19:37:15","date_gmt":"2025-07-29T19:37:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/102863\/"},"modified":"2025-07-29T19:37:15","modified_gmt":"2025-07-29T19:37:15","slug":"kevin-oleary-says-the-tariff-drama-is-settling-and-the-markets-calming-because-trump-found-the-loophole","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/102863\/","title":{"rendered":"Kevin O’Leary Says The ‘Tariff Drama’ Is Settling And The Market’s Calming Because Trump ‘Found The Loophole’"},"content":{"rendered":"\n

Investor Kevin O\u2019Leary<\/strong>, better known as \u201cMr. Wonderful\u201d from the \u201cShark Tank\u201d TV show, believes the U.S. market is stabilizing despite recent trade tensions because President Donald Trump<\/strong> has figured out a workaround on tariffs.<\/p>\n

\u201cThis tariff drama? It’s settling,\u201d O\u2019Leary wrote on X<\/a> on Thursday. \u201cThe market\u2019s calming because Trump found the loophole. He can\u2019t add a value-added tax like other countries, so he calls it a tariff and gets the same result.\u201d<\/p>\n

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O\u2019Leary told Fox Business<\/a> the same day that global markets are beginning to understand how Trump\u2019s reciprocal tariff system works. What they care about now is predictability. \u201cThe market wants a headline number,\u201d he said. \u201cWhat do you got, 10? You got 15? … The rest of the stuff, that\u2019s sausage being made. Nobody gives a damn.\u201d<\/p>\n

O\u2019Leary pointed to General Motors (NYSE:GM<\/a>) as an example of how U.S. companies are adapting. He said that GM reportedly lost 45% on margins due to tariffs, but the auto maker\u2019s finance chief, Paul Jacobson,<\/strong> laid out a plan: absorb one-third of the cost, pass one-third to consumers, and rely on artificial intelligence to cover the rest.<\/p>\n

He argued that while the U.S. cannot impose consumer taxes like those in Europe or Japan, Trump\u2019s use of tariffs acts as a substitute. \u201cPoof, \u2018Puff the Magic Dragon.\u2019 He\u2019s getting his dollars from tariffs the same way the Japanese, the Canadians are with value-added taxes.\u201d<\/p>\n

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However, not everyone is cheering. The American Automotive Policy Council, which represents Ford (NYSE:F<\/a>), GM, and Stellantis (NYSE:STLA<\/a>), is pushing back on a recent trade deal with Japan. The agreement would lower tariffs on Japanese auto imports to 15%, while imports from Canada and Mexico still face a 25% rate.<\/p>\n

\u201cAny deal that charges a lower tariff for Japanese imports with virtually no U.S. content than the tariff imposed on North American built vehicles with high U.S. content is a bad deal for U.S. industry and U.S. auto workers,\u201d AAPC President Matt Blunt<\/strong> told Reuters<\/a> on Wednesday.<\/p>\n

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The criticism comes as GM announced a $1.1 billion hit from tariffs<\/a> in the second quarter, with more expected. Stellantis reported<\/a> $350 million in losses over the first half of the year tied to tariffs and said it had to reduce shipments and cut production.<\/p>\n

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Despite the concerns, the White House spokesman Kush Desai<\/strong> defended the Japan deal as \u201ca historic win for American automakers\u201d that will remove long-standing trade barriers. But similar criticism was raised<\/a> by AAPC over a U.K. deal that allows 100,000 British cars to enter the U.S. at a 10% tariff, nearly the entire volume Britain exported last year.<\/p>\n

For now, O\u2019Leary said the market is showing signs of confidence<\/a>, especially since the chaos seen in early April has subsided. \u201cProof is in the pudding. Let\u2019s wait, you know, another quarter or whatever. So far, so good.\u201d<\/p>\n

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This article Kevin O’Leary Says The ‘Tariff Drama’ Is Settling And The Market’s Calming Because Trump ‘Found The Loophole’<\/a> originally appeared on Benzinga.com<\/a><\/p>\n

\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"Investor Kevin O\u2019Leary, better known as \u201cMr. Wonderful\u201d from the \u201cShark Tank\u201d TV show, believes the U.S. market…\n","protected":false},"author":3,"featured_media":102864,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,69,79,59891,66693,170,55333,67,132,68],"class_list":{"0":"post-102863","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-donald-trump","10":"tag-economy","11":"tag-fox-business","12":"tag-general-motors","13":"tag-japan","14":"tag-kevin-oleary","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/102863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=102863"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/102863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/102864"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=102863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=102863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=102863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}