Mark Cuban schools Trump supporter on ex-spouse plan to tax foreign nations to revive auto industry

 Billionaire Mark Cuban has criticized former President Donald Trump’s proposals to rejuvenate Michigan’s automobile industry.

On Thursday, August 29, Trump toured a General Motors facility that is set to transition into an electric vehicle plant. His remarks during an interview with Detroit News drew criticism from Cuban.

“We’re going to bring back the car industry,” Trump said. “We’re not going to let it disappear. We’re going to bring back jobs, we’re going to bring back factories and make Michigan very successful again. And we can do that very easily through the taxation of foreign nations.”

Mark Cuban questions Donald Trump’s concept of taxing foreign nations

The concept of taxing foreign nations intrigued Mark Cuban, leading him to share the quote on X (formerly known as Twitter) with his question, “Can someone explain to me how we would tax a foreign nation?”

Trump said this at his speech today in Michigan
“”We’re going to bring back the car industry,” Trump said in our interview. “We’re not going to let it disappear. We’re going to bring back jobs, we’re going to bring back factories and make Michigan very successful again. And we…— Mark Cuban (@mcuban) August 30, 2024

He proceeded with the thread, “A tariff is a tax imposed on foreign-made goods, paid by the IMPORTING BUSINESS (Walmart would be an example) to its home country’s government. (USA) As an example, Walmart imports billions and billions of goods. If there is a 10 pct [percent] tariff, Walmart pays the US government 10 pct on those billions, and guess who they pass that cost on to?”

A tariff is a tax imposed on foreign-made goods, paid by the IMPORTING BUSINESS (Walmart would be an example) to its home country’s government. (USA)

As an example , Walmart imports billions and billions of goods. If there is a 10 pct tariff, Walmart pays the US government…— Mark Cuban (@mcuban) August 30, 2024

Continuing the discussion, Cuban, a vocal critic of Trump, shared a post from someone who appeared to interpret Trump’s remarks, as per Newsweek.

The post read, “Let me help you Mark – You put a tariff on a Chinese car because they use child labor and abusive human rights policies to produce at extremely low costs. This allows the American car companies to stay competitive in relative price terms because clowns, like you demand minimum wage, is like $40/hour for screwing in a bolt. :)”

Cuban added his commentary to that explanation, “Let’s try again. Why is everyone a ‘Trump Whisperer?’ Why can’t he just say what he means?”

Let’s try again. Why is everyone a “Trump Whisperer?” Why can’t he just say what he means ? https://t.co/tUMrHBEyMT— Mark Cuban (@mcuban) August 30, 2024

Reactions to Trump’s bacon comments ignite online debate and criticism

Mark Cuban’s post is not the only instance where Donald Trump’s comments have recently faced scrutiny.

The mention of bacon by Cuban during a campaign speech in Wisconsin on Thursday has sparked discussions on social media.

At a La Crosse town hall meeting, the Republican presidential candidate for November’s election discussed the cost of living when asked how he would “make life more affordable and bring down inflation.”

Trump: Some people don’t eat bacon anymore. This was caused by their horrible energy. Wind. They want wind all over the place. When it doesn’t blow, we have a problem. pic.twitter.com/z9FnkHnYOU— Acyn (@Acyn) August 30, 2024

In response, Trump said, “You take a look at bacon and some of these products… Some people don’t eat bacon anymore.”

He added, “And we’re going to get the energy prices down… You know, this was caused by their horrible energy. Wind. They want wind all over the place. When it doesn’t blow, we have a problem.”

The response elicited reactions, including from journalist Charles P Pierce, who commented, “Hi, I’m running for president, and my brain is made of potatoes.”

Hi, I’m running for president, and my brain is made of potatoes. https://t.co/M2KYbZfynX— Charles P. Pierce (@CharlesPPierce) August 30, 2024

Another added, “I can’t decide what is worse. Voting for him because he feeds your hate or voting for him because he’s a complete moron.”

I can’t decide what is worse.

Voting for him because he feeds your hate or voting for him because he’s a complete moron.— Jack E. Smith ⚖️ (@7Veritas4) August 30, 2024

The third commentator asked, “What in the word salad is this old man trying to say?”

What in the word salad is this old man trying to say?— Art Candee 🍿🥤 (@ArtCandee) August 30, 2024

“This guy should not be anywhere near the nuclear codes,” one mocked.

This guy should not be anywhere near the nuclear codes.— CB— (@ConservBlue2020) August 30, 2024

A person remarked, “Ummm… Sorry…excuse me… What?! Does he think the wind is blowing bacon off people’s plates?”

Ummm… Sorry…excuse me… What?! Does he think the wind is blowing bacon off people’s plates? pic.twitter.com/Zp4LLK9qal— Hadley Sheley (@HadleySheley) August 30, 2024

Another chimed in, “He’s such a fool.”