Trump Mercilessly Mocked Over Frighteningly False Tariff Claim

Mark Cuban joined a number of critics who mocked Donald Trump on Saturday after the Republican presidential nominees false claim that imposing tariffs doesnt affect our country.

The former president, in a meandering speech at a campaign rally, pledged to impose tariffs on foreign-made products from China and other countries in order to bring jobs back home in an effort to take in billions and billions of dollars.

A tariff is a tax on a foreign country, thats the way it is, whether you like it or not. A lot of people like to say, Oh, its a tax on us. No, no, no, Trump told the crowd at the rally in Wilkes-Barre, Pennsylvania, on Saturday.

He later added, Its a tax on a country thats ripping us off and stealing our jobs. And its a tax that doesnt affect our country.

Trump has previously pushed the false claim on tariffs despite multiple media outlets noting that American consumers and industries have bore much of the cost of Trumps tariffs.

Several economists recently told Newsweek that his tariff proposal would raise prices for U.S. consumers and that such a plan would hurt American companies as well.

Trump: A tariff is a tax on a foreign country. A lot of people like to say its a tax on us. No Its is a tax that doesnt affect our country. pic.twitter.com/NNyNthZbKg

Acyn (@Acyn) August 17, 2024","type":"rich","meta":{"author":"Acyn","author_url":"https://twitter.com/Acyn","cache_age":86400,"description":"Trump: A tariff is a tax on a foreign country. A lot of people like to say its a tax on us. 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Trump: A tariff is a tax on a foreign country. A lot of people like to say its a tax on us. No Its is a tax that doesnt affect our country. pic.twitter.com/NNyNthZbKg
Acyn (@Acyn) August 17, 2024

Cuban, a billionaire and frequent Trump critic, took to social media to question the former presidents tariff claim.

Any importers want to explain how they deal with tariffs on say food or agricultural products ? he wrote on X , formerly called Twitter.

Any importers want to explain how they deal with tariffs on say food or agricultural products ? https://t.co/z50uWZEogr

Mark Cuban (@mcuban) August 17, 2024","type":"rich","meta":{"author":"Mark Cuban","author_url":"https://twitter.com/mcuban","cache_age":86400,"description":"Any importers want to explain how they deal with tariffs on say food or agricultural products ? https://t.co/z50uWZEogr Mark Cuban (@mcuban) August 17, 2024\n\n\n","options":{"_hide_media":{"label":"Hide photos, videos, and cards","value":false},"_maxwidth":{"label":"Adjust width","placeholder":"220-550, in px","value":""},"_theme":{"value":"","values":{"dark":"Use dark theme"}}},"provider_name":"Twitter","title":"Mark Cuban on Twitter / 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Any importers want to explain how they deal with tariffs on say food or agricultural products ? https://t.co/z50uWZEogr
Mark Cuban (@mcuban) August 17, 2024

Robert Shrum, director of the University of Southern California Center for the Political Future and a speechwriter for the late Sen. Ted Kennedy (D-Mass.), called Trumps remarks simply economically illiterate.

No wonder he apparently had a mediocre record at Wharton, Shrum wrote, referring to Trumps alma mater, the University of Pennsylvanias Wharton School of Finance.

This is simply economically illiterate. No wonder he apparently had a mediocre record at Wharton. https://t.co/EaKMPbdY0S

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This is simply economically illiterate. No wonder he apparently had a mediocre record at Wharton. https://t.co/EaKMPbdY0S
Robert Shrum (@BobShrum) August 17, 2024

You can check out more reactions to Trumps remarks below:

Is anyone out there in the media going to fact check the guy who was President for 4 years and still doesn't know how tariffs work? https://t.co/4G5ZPZ368I

I Smoked J.D. Vance's Wig (@BlackKnight10k) August 18, 2024","type":"rich","meta":{"author":"I Smoked J.D. Vance's Wig","author_url":"https://twitter.com/BlackKnight10k","cache_age":86400,"description":"Is anyone out there in the media going to fact check the guy who was President for 4 years and still doesn't know how tariffs work? https://t.co/4G5ZPZ368I I Smoked J.D. Vance's Wig (@BlackKnight10k) August 18, 2024\n\n\n","options":{"_hide_media":{"label":"Hide photos, videos, and cards","value":false},"_maxwidth":{"label":"Adjust width","placeholder":"220-550, in px","value":""},"_theme":{"value":"","values":{"dark":"Use dark theme"}}},"provider_name":"Twitter","title":"I Smoked J.D. 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Is anyone out there in the media going to fact check the guy who was President for 4 years and still doesn't know how tariffs work? https://t.co/4G5ZPZ368I
I Smoked J.D. Vance's Wig (@BlackKnight10k) August 18, 2024

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Here are a few of the many studies showing that Americans paid (and are still paying) Trump's tariffs: https://t.co/UPumJyP7eZ pic.twitter.com/RhzFfxA2Fi

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Here are a few of the many studies showing that Americans paid (and are still paying) Trump's tariffs: https://t.co/UPumJyP7eZ pic.twitter.com/RhzFfxA2Fi
Scott Lincicome (@scottlincicome) August 17, 2024

Does he really not understand who pays the tariff? https://t.co/HvjxRVUrdG

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Does he really not understand who pays the tariff? https://t.co/HvjxRVUrdG
Molly Jong-Fast (@MollyJongFast) August 18, 2024

Trump flunks Econ 101: https://t.co/srOh14N5A3

Brad Polumbo (@brad_polumbo) August 17, 2024","type":"rich","meta":{"author":"Brad Polumbo ","author_url":"https://twitter.com/brad_polumbo","cache_age":86400,"description":"Trump flunks Econ 101: https://t.co/srOh14N5A3 Brad Polumbo (@brad_polumbo) August 17, 2024\n\n\n","options":{"_hide_media":{"label":"Hide photos, videos, and cards","value":false},"_maxwidth":{"label":"Adjust width","placeholder":"220-550, in px","value":""},"_theme":{"value":"","values":{"dark":"Use dark theme"}}},"provider_name":"Twitter","title":"Brad Polumbo on Twitter / 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Trump flunks Econ 101: https://t.co/srOh14N5A3
Brad Polumbo (@brad_polumbo) August 17, 2024

Honest to Pete I dont have the energy to do this for another 4 years. https://t.co/NP8SIPwiPK

Kai Ryssdal (@kairyssdal) August 17, 2024","type":"rich","meta":{"author":"Kai Ryssdal","author_url":"https://twitter.com/kairyssdal","cache_age":86400,"description":"Honest to Pete I dont have the energy to do this for another 4 years. https://t.co/NP8SIPwiPK Kai Ryssdal (@kairyssdal) August 17, 2024\n\n\n","options":{"_hide_media":{"label":"Hide photos, videos, and cards","value":false},"_maxwidth":{"label":"Adjust width","placeholder":"220-550, in px","value":""},"_theme":{"value":"","values":{"dark":"Use dark theme"}}},"provider_name":"Twitter","title":"Kai Ryssdal on Twitter / 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Honest to Pete I dont have the energy to do this for another 4 years. https://t.co/NP8SIPwiPK
Kai Ryssdal (@kairyssdal) August 17, 2024