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Mark Cuban is sounding the alarm again on President-elect Donald Trump’s tariff proposals.
In a Threads post on Friday, Cuban warned that companies are already preparing for potential tariffs on Chinese imports by stocking up on inventory. He explained that this would inevitably lead to higher consumer prices due to the costs of storing excess stock.
Although Cuban didn’t directly mention Trump, he referred to the president-elect’s plan to impose a 60% tariff on Chinese goods, which some economists have warned could create inflationary pressure on the economy. Read more »
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