Investor and television personality Kevin O’Leary predicts widespread unrest when President-elect Donald Trump’s new tariffs on Chinese imports take effect. Speaking on a televised panel, O’Leary claims the tariffs, aimed at rebalancing trade with China, will lead to "riots in the streets" as American consumers and businesses grapple with higher costs on a range of goods.
Trump’s proposed tariffs are part of his broader economic strategy to reduce the United States’ trade deficit with China and bring manufacturing jobs back to America. The plan, which includes duties on electronics, apparel, and industrial components, is expected. . .