The former president spoke about his economic policies at a rally on Saturday as the economy has become a key issue for voters in this year’s election.
Billionaire and Shark Tank star Mark Cuban raised a question on social media on Saturday about former President Donald Trump’s remark on tariffs that he made at a campaign rally.
Trump, the Republican presidential nominee, spoke about his economic policies at a rally in Wilkes-Barre, Pennsylvania, on Saturday. The economy has become a key issue for voters as Trump and Vice President Kamala Harris, the presumptive Democratic nominee, aim to address the issue. Trump, who spoke about his economic proposals at a Wednesday rally in North Carolina, said he would expand his stance on tariffs on foreign countries.
«We are going to have 10 percent to 20 percent tariffs on foreign countries that have been ripping us off for years», he said at Wednesday’s rally. «We are gonna charge them 10 percent to 20 percent to come in and take advantage of our country because that is what they have been doing.»
However, economists have warned against widespread tariffs, a type of tax that a country charges on imported goods from another country, as it would cause prices to rise for American consumers and hurt U.S. businesses while likely triggering retaliatory tariffs.
Doubling down on this policy at Saturday’s rally and seemingly addressing the criticism surrounding the policy, Trump said, «A tariff is a tax on a foreign country.A lot of people like to say it’s a tax on us. No.it is a tax on a foreign country. It’s a tax on a country that is ripping us off and stealing our jobs. It’s a tax that doesn’t affect our country.
