Billionaire entrepreneur and Shark Tank star Mark Cuban has never been one to shy away from online battles, and the latest one was with Stephen Miller, a senior adviser to Donald Trump. The two have been sparring on social media about tariffs, American jobs, and where products are made.
Cuban, who's been vocal about his opposition to Trump's economic policies, put Miller in the hot seat with a simple question: “Does Donald Trump make products overseas? Yes or No?”
Don't Miss:
- Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.
- The startup behind White Castle's favorite Robot Fry Cook announces a next-generation fast food robot – Here's how to get a share for under $5 today.
It all started when Cuban took to X (formerly Twitter) to argue that Trump’s tariffs – taxes on foreign goods – aren't as helpful as they seem. According to Cuban, tariffs result in higher prices for American consumers and create a bureaucratic nightmare for businesses, especially smaller ones, as companies often need to hire specialists to navigate the complex tariff process, adding unnecessary costs and paperwork.
Trending: General Motors and other leaders revealed to be investing in this revolutionary lithium start-up — allowing easy entry by launching at just $9.50/share with a $1,000 minimum.
“There is a huge difference between targeted and across-the-board tariffs,” Cuban explained to his nearly nine million followers. “Across-the-board tariffs are a tax on everyone.”
Stephen Miller, best known for his hard-line stance on immigration, jumped into the debate, accusing Cuban of supporting offshoring (moving jobs and production overseas) to keep his profits up. Miller claimed that Trump's tariffs were designed to protect American industries, while accusing Kamala Harris, whom Cuban supports, of being more interested in benefiting foreign workers.
See Also: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
Cuban wasn't having it. He shot back, reminding Miller that he had worked to bring manufacturing jobs back to the U.S. “The first question I ALWAYS ask is how can we bring anything you source overseas back to the USA,” Cuban wrote. He then asked the question that Miller avoided: “Does Donald Trump make products overseas? Yes or No?”
Trending: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share.
Miller dodged the question and continued criticizing Cuban's opposition to Trump's China tariffs, claiming Cuban was more interested in importing cheap materials from abroad than restoring American supply chains. However, Cuban stood firm, pointing out that none of the companies he invested in on Shark Tank had moved their production overseas.
Cuban also highlighted his investment in Wecultivate.us, a browser extension that helps consumers identify whether a product is made in the U.S., further proving his commitment to American manufacturing.
Trending: Unlock a $400 billion opportunity by investing in the future of EV infrastructure on this startup already valued at $50 million.
In a separate incident, Miller recently had an on-camera meltdown when pressed by a journalist over false claims about Venezuela's crime rate. During an interview with reporter José María del Pino, Miller claimed Venezuela had become safer than the U.S. because, he suggested, its criminals had been sent across the U.S. border.
Trending: Groundbreaking trading app with a ‘Buy-Now-Pay-Later' feature for stocks tackles the $644 billion margin lending market – here’s how to get equity in it with just $500
When del Pino repeatedly questioned Miller on the source of his information – particularly given Venezuelan President Nicolás Maduro's unreliable crime statistics – Miller lost his composure, shouting about immigrants committing violent crimes in the U.S.
“I am trusting the fact that Kamala Harris is letting illegal immigrants into this country who are raping and murdering children,” Miller yelled, deflecting from the original question.
When the reporter calmly asked Miller why he was yelling and requested clarification on the crime figures, Miller walked off camera without answering.
Read Next:
Teens may never need wisdom teeth removed thanks to this MedTech Company – Be an early investor for just $300 for 100 shares!
Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
