Mark Cuban questioned Donald Trump's suggestion to revive the car industry through foreign taxation, stating he doesn’t understand how a foreign nation can be taxed.
Cuban clarified that a tariff is a tax on foreign goods, which is paid by the importing business, such as Walmart, not by the foreign nation.
Cuban emphasized the importance of clarity in communication, noting that it's perplexing why Trump doesn't directly use the term 'tariff' when discussing economic policy.
The conversation highlighted confusion over tariffs and the need for clear communication in economic discussions, particularly among public figures and their followers.
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