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Mark Cuban Joins Harris on Trail to Hit Trump Over Tariffs.

Authors :
Wingrove, Josh
Source :
Bloomberg.com; 10/18/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Billionaire investor Mark Cuban criticized former President Donald Trump's plan to implement tariffs, calling it a "stupid" move that would increase costs for US households. Cuban, a vocal advocate for Democratic Vice President Kamala Harris, warned that Trump's tariffs would lead to higher prices and a "lousy Christmas" for Americans. Harris also condemned Trump's tariff policies, stating that they would essentially act as a national sales tax, costing the average American an additional $4,000 per year. Trump defended his tariff agenda, claiming it was for the protection of US companies, but critics argue that the tariffs would lead to higher inflation and pressure on the Federal Reserve. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180362164