In the latest reel shared on Shark Tank investor Kevin O'Leary's social media, he conveyed support for the Eurozone's recent economic reform, which includes a bold shift toward a zero-on-zero tariff regime. For both exporters and investors, this action is a welcome surprise as trade tensions build elsewhere in the world. This type of free-trade policy, according to O'Leary, lowers costs, lessens friction, and provides American companies with a much-needed competitive advantage abroad. Without holding back, he declared it a big victory.
"For the first time in decades, we're willing to go to zero on zero. That means they open up all markets to all products, all services. That's a huge win," he said.
He sees this as an example of progressive leadership that might encourage other powerful economies to reconsider their approaches. He emphasizes that everyone, from small startups to major enterprises, gains when commerce becomes simpler and more affordable. More significantly, it conveys cooperation and trust, which are much needed in the worldwide market.
O'Leary also emphasized how the zero-tariff approach may result in increased employment, quicker product distribution, and more affordable prices for customers. Having invested in foreign businesses for decades, he views this change as a boon to cross-border entrepreneurship as well as a wise policy.
Shark Tank investor Kevin O'Leary shares his views on the Eurozone's zero-on-zero tariff policy
Kevin O'Leary has praised the Eurozone's move to a zero-on-zero tariff model after Trump declared tariffs as a positive development in international trade policy. The Shark Tank investor thought that removing obstacles and creating new export prospects, the action would greatly help American companies. In the face of escalating international tensions, he sees it as a strategic victory.
When asked about America thinking of bringing back the manufacturing of iPhones, O'Leary talks about how the process might take a lot of time. Shark Tank panelist further opened up about the Eurozone's bold step and called it "remarkable."
"Moving manufacturing back to the U.S. takes a long time, but I'm still focused on two aspects. I mean, you have to differentiate the tariffs negotiated between countries, because Eurozone, just 48 hours ago, said something remarkable."
Shark Tank OG continued, "We've never had that before. So let's call that a huge win. We haven't done the deal yet, but let's get the German people over here to start negotiating that. Agriculture in Britain will go to zero on zero. Canada will love to do energy zero on zero."
Kevin O'Leary emphasizes the magnitude of the offer from the Eurozone, describing it as something the United States has "never had before." He emphasizes how urgent it is to start talks, particularly with nations like Germany, even though the contract isn't finalized yet.
As a sign of a worldwide trend, he also cites Britain and Canada's declarations of preparedness for such zero-tariff agreements. If implemented, this may be a significant strategic advantage for U.S. trade policy going forward and a watershed in the dynamics of global trade.
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Watch more of Shark Tank investor Kevin O'Leary on his official Instagram account.
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