Kevin O'Leary says he doesn't think the Trump administration is 'stupid,' expects tariffs to be removed
1. O'Leary believes tariffs will eventually be lifted by Trump administration. 2. Trump's tariffs have led to significant stock market sell-offs, including S&P 500. 3. S&P 500 is down almost 14% year-to-date amid tariff panic. 4. Negotiations may lead to potential removals of tariffs, boosting investor confidence. 5. Concerns over inflation and recession grow among business leaders due to tariffs.