Mark Cuban: What Trump says is 'ridiculous, if not insane'

Billionaire businessman Mark Cuban sharply criticizes former President Donald Trump's economic policies during a Harris campaign press call. "Where it turns into lunacy is when you do across-the-board tariffs. ...that's just a tax on the American people. That’s a sales tax through and through," Cuban says.


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[CY]

He says if John Deere moves their product to Mexico, he will tax them with a tariff of 200 % .Guess who is going to pay that tariff, American Farmers.

[jennifer]

Why can’t it be both? In my opinion, he is both ridiculous AND insane.

[u.s.m.c]

only a dummy would not realize companies will pass cost to consumer

[patrickdugan]

He will say anything to stay out of jail.

[frankiethebull]

EXACTLY! TARIFFS are sales taxes on AMERICANS! NOT ANYONE ELSE 😡

[vickialway]

If it was up to the headcase, he'd put all of the middle class in the poor house and the poor on the streets living in homemade shacks right next to the river that floods.🤔

[Churchill]

So how does half of the country think he's a good choice for President. Boggles my mind.

[bera]

Trump promised he'll look after the US economy like he does his businesses...AKA a bankruptcy...

[robertstevens]

Thank you Mark, tariffs, 8 trillion moved and lost, . Caused the inflation the trump pandemic complete business closure RECESSION.

[Rey__Jan]

Went through economics class and Mark Cuban is right. Tariffs and taxes are not just a burden solely on companies but are also felt by consumers as well. For Trump to say that the US will impose tariffs on China is basically raising prices for the American people, the market will always adjust.

[dogprowilhelm]

Coming from Trump, 'a concept of a plan' is more rich talk. Fight the good fight, Mark. Voting Blue💙💙💙💙

[dianelengyel]

Thank you Mr. Cuban. Tell everyone. We need Democracy not a
Dic- tatorship

[Nosugarcoatingme]

It's true. Donnie can't fool all of the people...all of the time.

[warg]

Lets get real, he doesn;t even really know what a tariff is.

[inuuuce]

Mark Cuban. "You are 2000% Right."

[sp]

Thank you Mark Cuban for speaking up 🇺🇸🇺🇸

[rockykoast]

It becomes clearer why he has declared bankruptcy six times, despite having received a sizeable inheritance (413 million dollars) from his dad; he really doesn't understand money!
Taxing goods from abroad results in the price you pay going up, (because the exporters need the money for the tax). So tariffs on imported goods are a tax on you (for everything where tariffs are imposed).

[jeffbell]

It's like America puts a tax or tariff on soft wood lumber coming from Canada . That's why building a home will cost more to Americans.

[gerardflynn]

Here in Europe Bernie Sanders would be called a Social Democrat.
Not a Socialist.
There are no Socialists here in Europe.

[lindabingham]

Careful Mark. Are you on "the list"? Vote 💙💙💙💙💙💙💙 UP AND DOWN the ballot. Turn the page on DonOLD and let's move this country forward!