Magnus
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- Jun 22, 2020
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Mark Cuban joined a number of critics who mocked Donald Trump on Saturday after the Republican presidential nomineeâs false claim that imposing tariffs doesnât âaffect our country.â
The former president, in a meandering speech at a campaign rally, pledged to impose tariffs on foreign-made products from China and other countries in order to bring jobs âback homeâ in an effort to take in âbillions and billions of dollars.â
âA tariff is a tax on a foreign country, thatâs the way it is, whether you like it or not. A lot of people like to say, âOh, itâs a tax on us.â No, no, no,â Trump told the crowd at the rally in Wilkes-Barre, Pennsylvania, on Saturday.
He later added, âItâs a tax on a country thatâs ripping us off and stealing our jobs. And itâs a tax that doesnât affect our country.â
Trump has previously pushedthe false claim on tariffs despite multiplemediaoutlets noting that American consumers and industries have bore much of the cost of Trumpâs tariffs.
Several economists recently told Newsweek that his tariff proposal would raise prices for U.S. consumers and that such a plan would hurt American companies as well.
Trump Mercilessly Mocked Over Frighteningly False Tariff Claim
How can a guy who bills himself as a businessman not know what tariffs are? He not only got tariffs wrong, he also forgot where he was and thought he was in North Carolina! The poor guy is losing it. In more ways than one!
The former president, in a meandering speech at a campaign rally, pledged to impose tariffs on foreign-made products from China and other countries in order to bring jobs âback homeâ in an effort to take in âbillions and billions of dollars.â
âA tariff is a tax on a foreign country, thatâs the way it is, whether you like it or not. A lot of people like to say, âOh, itâs a tax on us.â No, no, no,â Trump told the crowd at the rally in Wilkes-Barre, Pennsylvania, on Saturday.
He later added, âItâs a tax on a country thatâs ripping us off and stealing our jobs. And itâs a tax that doesnât affect our country.â
Trump has previously pushedthe false claim on tariffs despite multiplemediaoutlets noting that American consumers and industries have bore much of the cost of Trumpâs tariffs.
Several economists recently told Newsweek that his tariff proposal would raise prices for U.S. consumers and that such a plan would hurt American companies as well.
Trump Mercilessly Mocked Over Frighteningly False Tariff Claim
How can a guy who bills himself as a businessman not know what tariffs are? He not only got tariffs wrong, he also forgot where he was and thought he was in North Carolina! The poor guy is losing it. In more ways than one!