Bridger PenningtonFund Launch & Investment Expert

China Doesn’t Play By The Rules 🇨🇳

19 Apr 2025 · 1 min

Watch on YouTube

0:43

China manipulates currency, steals intellectual property, and blocks foreign companies from its markets. Kevin O'Leary recently called for a 400% tariff on Chinese goods. The speaker suggests the U.S. may need to reshape global trade rules in 2025, like Bretton Woods did in 1944.

Chapters

Anyone you've known that's done business in China, a lot of people say they don't play by the rules. Kevin O'Leary had a famous quote just last week. He's like, they don't play by the rules. They should have a 400% tariff. There could be a scenario here where we are really trying to economically squeeze China. They're this emerging threat as a world economy. They manipulate their currency against the United States currency. Furthermore, they steal IP address like Facebook, Google, Amazon. They cannot market in Chinese markets. However, some of their companies can market in our markets. And so this is really a rejigging of what they call world order or global trade as the world sees it. The last time we did this was the Bretton Woods Agreement in 1944. 44 countries got together and reorganized what the world order would look like. We might see that again here in 2025.