Mark Cuban says Trump's call for 200% tariffs on John Deere tractors is 'insane' and a 'good way to destroy a legendary

[cliffside]

https://www.businessinsider.com/mark-cuban-trump-call-200-percent-tariffs-john-deere-insane-2024-9

"Billionaire investor Mark Cuban doesn't think former President Donald Trump's call for 200% tariffs on agriculture equipment company John Deere is a good idea.

"This lack of understanding of business is insane," Cuban wrote in an X post on Monday.

In June, John Deere announced that it would shift some of its production — specifically, the manufacturing of skid steer loaders and compact track loaders — from Dubuque, Iowa, to Ramos, Mexico, by the end of 2026.

But imposing such a hefty tariff on John Deere, Cuban said, would be counterproductive..."

[cliffside]

1. Trump threatens John Deere with 200% tariffs if production moves to Mexico

https://www.yahoo.com/news/trump-says-john-deere-hit-204807386.html

"Trump has made erecting extensive tariffs the central element of his economic plan should he beat Vice President Kamala Harris, the Democratic nominee, in the Nov. 5 election. The strategy is designed to protect American jobs from foreign competition, but economists warn his measures will boost inflation.

...Farmers and industrial workers are a crucial part of Trump's coalition, and turning out these constituencies will be important if he is to beat Harris. That is especially true in Pennsylvania, where polls consistently show a razor-thin race."

[Abolishinist]

2. I've always liked Mark Cuban,

he seems to be a really decent human being. I realize he's not a 'D' per se, but a cabinet position, perhaps?

[Cha]

3. Yes It Is Insane but that's TSF. Seems to me a good

way to Lose Voter/Farmers who Drive them for a Living.

Keep it up, trump