Mark Cuban Says Trump's Lack Of Understanding Business Is 'Insane' — Slams 200% Tariff Threat On John Deere: 'Good Way To Destroy A Legendary American Company'
Portfolio Pulse from Benzinga Neuro
Mark Cuban criticized Donald Trump's proposal to impose a 200% tariff on John Deere for moving production to Mexico, calling it a threat to the company. Trump's comments are part of his broader tariff strategy, which has been met with skepticism.
September 24, 2024 | 1:47 am
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Mark Cuban criticized Trump's proposal for a 200% tariff on John Deere, which could harm the company if implemented. The stock saw a slight dip in after-hours trading.
The proposed 200% tariff by Trump could significantly impact John Deere's operations and profitability if enacted, leading to investor concerns. This is reflected in the after-hours stock dip.
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