Mark Cuban Warns Trump Plans to Put US Companies 'Underneath a Hammer'

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

During an appearance on CNBC, Cuban called out Trump's proposal to enact tariffs on US companies that move abroad.

SharkTank investor and Dallas Mavericks owner Mark Cuban is warning voters of what could happen to U.S. companies if Donald Trump gains a second term. Newsweek spoke to experts to discuss the matter.During an appearance on CNBC, Cuban called out Trump's proposal to enact tariffs on U.S. companies that move abroad.'Donald Trump is trying to come in with the hammer and say, 'I'm gonna hit you with a 200 percent tariff, John Deere.

'President Trump successfully imposed tariffs and negotiated new trade deals that leveled the playing field for American agriculture and manufacturing, allowing U.S. industries to send more made-in-America goods across the world,' RNC spokesperson Anna Kelly previously told Newsweek.'Kamala Harris opposed the USMCA and failed to open foreign markets for our farmers, ranchers, and manufacturers, allowing the trade deficit in goods to reach over $1 trillion a year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines