Mark Cuban Goes on Fox News and Slams Trump’s ‘Insane’ Economic Policies
Mark Cuban joined Fox News for an interview on Wednesday where he slammed former President Donald Trump’s economic policies as “insane.”
The billionaire investor gave his remarks to network anchor Neil Cavuto, who asked Cuban why he had attacked the GOP nominee’s economic agenda ahead of the November election.
On the campaign trail, Trump has proposed tariffs on imports while slashing taxes and regulations for U.S. companies.
Cuban told Cavuto on Wednesday that Trump’s plan was “the definition of insane”:
CUBAN: Well, first of all, strategic tariffs aren’t bad. So if a country is trying to dump in the United States and we have a manufacturer there, tariff them. That’s great. But across-the-board tariffs [of] 10 or 20% is just inflationary. It’s a tax on the American consumer. But to make matters even worse, what’s truly insane, when you threaten a legendary company like John Deere with a 200% tariff if they move, but only a 10 or 20% tariff on China, what you’re doing is you’re making it easy for the Chinese competitors to take business away from John Deere. That is the definition of insane.
CAVUTO: A lot of your business colleagues say the definition of insane is supporting Kamala Harris. Yet you do. You’re a smart, savvy businessman. You came from nothing to be a multibillionaire, so you’re pretty good at what you do. What do you see in her that you don’t see in Donald Trump?
CUBAN: I think she’s thorough. If you look at Donald, when he talks about his policies, they’re very impetuous. They’re impulsive. They’re, you know, set to match whatever is happening at a rally. Whereas with the Harris campaign and Kamala herself, she’s very thorough. She’s very precise. Her team really vets every idea. And to me, that’s important as a businessperson because you can trust what she says. Think about what happens when Donald comes out and says, I’m going to put a 10% cap on credit card interest rates. The next thing that happens isn’t that he explains why. It’s that everybody around him explains what he says. He can’t explain it for himself. Everybody’s got to explain for him. Or whether it’s a 10 or 20 or 60% tariff or the 200% on John Deere. With Kamala Harris, no one has to explain for her. She takes the time to vet her policies thoroughly, and once she says them and presents them, they are what they are. They’re self-explanatory.
Watch the clip above via Fox News.
