Kevin O’Leary says the US should have a level economic playing field with China

Acknowledging that he is a ‘bit of a hawk’ towards China, Kevin O’Leary on Monday called for ‘extremely aggressive’ steps to level the economic playing field between the United States and China.

The Chairman of O’Shares ETFs told CNBC’s Hadley Gamble that the United States must ensure that Chinese companies face barriers in the US market that he said are comparable to those of US companies in China.

That could mean deleting Chinese stocks and excluding Chinese companies from the US legal system, O’Leary said, adding that he is a manufacturer in China but faces barriers to selling in the Chinese market.

“I can’t sell my product there, and yet they enjoy those benefits in North America and Europe,” the famous investor told CNBC’s “Capital Connection” Monday.

Kevin O’Leary

Scott Mlyn | CNBC

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