Cuban slams Trump's China tariff plan, backs Harris campaign

Billionaire Mark Cuban criticizes Donald Trumps proposed tariffs on Chinese goods saying Americans will bear the cost. Cuban campaigns with Kamala Harris while Elon Musk rallies Trump supporters as Election Day approaches

October 17 2024 , 11:45 PM  •  535 views

Cuban slams Trump's China tariff plan, backs Harris campaign

Billionaire Mark Cuban took aim at Donald Trumps China tariff plan calling it a “crazy notion“ that would hurt American consumers‚ not China. Cuban‚ a “Shark Tank“ star joined Kamala Harris at a Wisconsin campaign event about a year ago

Cuban wasnt the only wealthy entrepreneur on the campaign trail. Elon Musk CEO of Tesla‚ was in Pennsylvania drumming up support for Trump as the election neared

Trumps proposal to slap tariffs of up to 60% on Chinese imports (to boost US manufacturing) drew sharp criticism from Cuban. “This man has so little understanding of tariffs he thinks that China pays for that. This is the same guy who also thought that Mexico would pay for the wall“ Cuban told the crowd

To me‚ the most beautiful word in the world is ʼtariffʼ

Trump said at the Economic Club of Chicago

Trump has stood by his trade policies‚ arguing they would revive American manufacturing and generate enough revenue to address deficit worries. However Cuban disagreed saying Trumps current ideas are just “gibberish“

Cuban‚ who brings tech-savvy appeal and business credibility appealing to young men‚ likened Trump to the Grinch: “Donald Trump is the Grinch that wants to steal your Christmas. The Grinch doesnt understand how tariffs work... The Grinch is the one thats going to be putting these small businesses out of business“

Unlike Musk who has donated nearly $75 million to Trump-aligned groups Cuban isnt a big political donor. Records show just one $1‚000 donation to a California Democrat in 02

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