On Thursday, businessman Mark Cuban joined Vice President Kamala Harris on the campaign trail in Wisconsin, and took the opportunity to mock Trump’s widespread tariff proposals on all imported goods.
“I’ve learned a lot about business, including how tariffs work,” the billionaire investor said to Democratic supporters at a rally for Harris in La Crosse, Wisconsin.
This is the same guy who also thought that Mexico would pay for the wall,” Cuban quipped.
On Tuesday, Bloomberg Editor-In-Chief John Micklethwait interviewed Trump at the Economic Club of Chicago.
In June, 16 Nobel-prize winning economists released a grave warning in a joint letter, detailing a potential economic fallout should Trump implement his plan for the U.S. economy.
Donald Trump’s lack of understanding and concern for the workings of the economic agenda he is running on was made abundantly evident to the American people earlier this week.
Businessman Mark Cuban joined Vice President Kamala Harris on the Wisconsin campaign trail Thursday, and he used the occasion to make fun of Trump’s proposed universal tariffs on all imports.
During a rally for Harris in La Crosse, Wisconsin, the billionaire investor told Democratic supporters, “I’ve learned a lot about business, including how tariffs work.”. After asking if anyone knows how tariffs operate, Cuban made a reference to Trump, saying, “All right, I’ll give you a hint — that other guy.”. “”.
This man believes that China foots the bill for tariffs, which shows how little he understands them. “This is the same individual who also believed that Mexico would cover the cost of the wall,” Cuban joked.
Trump was interviewed by John Micklethwait, the editor-in-chief of Bloomberg, at the Economic Club of Chicago on Tuesday. The former president, however, grew more irritated when he was asked about his policies in the event that he was elected to another term in office. In addition to insulting autoworkers during the sit-down, Trump claimed the Jan. 6 riot was characterized by “love and peace,” and his rambling, incoherent speech was a calculated “weave.”. “.”.
During the event on Thursday, Cuban stated that he thinks Trump “used to understand how tariffs work” back in the 1990s, but he’s not sure what happened to him. “”.
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Trump has promised that if he is reelected in November, he will increase the tariff rate on Chinese-made goods to 60 percent or higher and impose a 10 percent tariff on all imports. The former president has also hinted that he might exert pressure on the Fed to reduce interest rates. 16 Nobel-winning economists issued a sobering warning in a joint letter in June, outlining the possible economic consequences of Trump’s plan for the U.S. A. The economy.
