"The economy's on fire": Shark Tank investor Kevin O'Leary shares his thoughts on rate deductions, tariffs, and more

Shark Tank investor Kevin O'Leary, in discussion with Fox News anchor Maria Bartiromo, shared his thoughts about tariffs, semiconductor chips, and rate deductions.

Mr. Wonderful shared a clip via Instagram on August 15, 2025, featuring himself on Mornings with Maria, hosted by Maria Bartiromo on Fox News. The two discussed the latest updates regarding tariffs, people wanting to invest, the future of AI, and more.

When asked about the investment point of view right now for American markets, the Shark Tank investor responded:

"The economy's on fire. We're killing it. You know, period. And the consumer's still strong, given that the data last week from credit cards. And so, you know, it's a double-edged sword. I mean, you're not going to see rate reductions with this strength in the economy right now. And as far as money coming in, we're still about $0.52 on every dollar being invested in the United States."

Shark Tank mentor Kevin O'Leary shares his thoughts on tariffs, lower rates, semiconductor manufacturing and more

During his recent appearance on Fox News, Shark Tank investor Kevin O'Leary opened up about many of the latest tariff-related updates. One of the things he was asked was about consumers not being informed about the tariffs.

Sharing his expectations and thoughts on that, Kevin O'Leary said that it won't last "forever." He talked about bringing down the tariffs and a 90-day extension to Mexico and other countries.

"My expectations is that's not going to last forever because the reason they were incentivized to do that is the volatility of the tariff rates themselves. The administration, let's face it, has been all over the map, threatening 140, bringing it down to 10, giving a 90-day extension to Mexico, not to Canada, keeping India 35," he added.

Talking about price increments for the consumers, he said he didn't know when that might happen. However, he added:

"I think there's, you know, you're going from the CPI, you've got a 95% chance of a 25-basis point reduction in September. But that's it."

Further, the host asked him about China telling its companies to avoid NVIDIA and AMD chips since the White House's latest announcement. He was referring to the announcement about giving "15%" of their China revenues to the US.

The Shark Tank investor said that he disagreed on the 15% tariff, reverse tax, or industrial policy. It was because he found it to be a "very strange" policy. He also mentioned that he would prefer to see:

"Pick one country, tax chips going in there. I don't like it. I would prefer to see policy like this. It simply says to these companies, you're allowed to sell chips anywhere in the world you want, one generation back, including North Korea, including Russia, including China."

He noted that they should "hold back" the #1 generation chips for their military. It was because whichever country had the "best AI" would win the future wars. Apart from that, the #2 generation could be sold to the Chinese.

Kevin O'Leary said that it was not about the chips, but it was about the "software stack" that was built around them.

Trending

To know more, fans can follow the Shark Tank investor via his social media (@kevinolearytv).

×

Was this article helpful?

Thank You for feedback