“Shark Tank” investor Kevin O'Leary believes that economic opportunity will always win out and that people will move past today's political turbulence once they see the benefits ahead. In a recent social media post, O'Leary argued that voters ultimately care about their families, personal wealth, retirement, and security, saying, "People will forget this period very quickly when they see the opportunity that's there."
Economic Policy Over Politics
O'Leary has consistently praised President Donald Trump's pro-business policies, even while acknowledging that not everyone supports him personally. "You can still hate Trump, but you’ve got to love his policies because that will bring jobs to these states," he said in December. He sees Trump's approach to infrastructure and energy projects as key to attracting investment and spurring economic growth.
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A major part of Trump's economic strategy is cutting regulatory hurdles, which O'Leary sees as crucial. "If he can deliver that, it’s going to bring capital back to the United States," he said, pointing to permitting delays as a significant obstacle for business expansion.
Tariffs and Trade Tensions
Despite his support for Trump's economic policies, O'Leary raised concerns in February about the president's proposed tariffs on Canada and Mexico. He believes Canada's former leadership mismanaged trade negotiations with Trump, leaving the country vulnerable. Canada retaliated to U.S. tariffs with $107 billion in tariffs on U.S. goods, escalating tensions.
Trump's Unwavering Approach
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Through all of this, O'Leary maintains that Trump is not going to change. "Everyone will forget about this noise, and Trump is not changing. Never gonna change," he said, emphasizing that the key issue is economic policy, not personality.
He has even suggested an economic union between the U.S. and Canada to eliminate tariffs altogether, arguing that it would strengthen both economies. However, there are trade agreements already in place and with Trump’s continued referring to Canada as the 51st state, it seems all goodwill has been spent north of the U.S. border.
As Trump pushes forward with his policies, O'Leary believes the focus will ultimately return to economic results. "At the end of the day, voters worry about their families, their personal wealth, their retirement, the opportunity ahead of them, and security," he said. Whether or not Trump's policies deliver on those promises could be the deciding factor in how history remembers this moment.
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