Mark Cuban Blasts Trump’s ‘Crazy’ Tariffs Idea With Rotten Cartoon Comparison | EUROtoday

Mark Cuban declared that Donald Trump desires Americans to have a “lousy” vacation season as he went after the GOP nominee’s “gibberish” tariff proposals at a Kamala Harris marketing campaign rally on Thursday.

“Donald Trump is the Grinch that wants to steal your Christmas,” mentioned the “Shark Tank” investor and billionaire to a crowd in La Crosse, Wisconsin.

Trump has beforehand pledged to hike tariffs on foreign-made merchandise coming into the U.S. from China and different nations, proposals which most economists have warned would lead to increased costs for customers.

The former president, on Tuesday, went after specialists for being “wrong” of their tariff takes whereas defending his financial coverage.

Cuban, who beforehand criticized Trump for placing corporations “underneath a hammer” after he threatened John Deere with a 200% tariff if it moved a few of its manufacturing from the U.S. to Mexico, knocked Trump’s “crazy notion” that placing 60% tariffs on Chinese items is a “good idea.”

“Let me just tell ya, this man has so little understanding of tariffs he thinks China pays for them. This is the same guy who also thought that Mexico would pay for the wall,” mentioned Cuban, referring to Trump’s failed 2016 marketing campaign promise.

He then gave the previous president “a little bit of credit,” noting that he was “a little bit coherent” when discussing commerce coverage within the ’90s and early ’00s.

“But I don’t know what happened to him. The way he’s been thinking about tariffs and trade now, something’s a little bit lost and now his trade policies, particularly with tariffs, are basically just gibberish,” Cuban mentioned.

Cuban, later within the speech, mentioned it will be “heartbreaking” for folks to not purchase presents for family members because of Trump’s proposed tariffs and famous that buyers may additionally see an impression on prices of merchandise at small companies.

“Not only is it a bad Christmas for you but it’s a bad Christmas for every single retailer. The Grinch is the one that’s gonna be putting these companies out of business,” the billionaire mentioned.

He later continued, “Behind every small business there’s an entrepreneur that busted their ass. Behind every small business there’s an entrepreneur that gave up almost everything to be able to start that business, who dreamed of a better future for their family. ‘The Trump That Stole Christmas.’ The Grinch will crush those dreams if elected.”