Mark Cuban: “Putting a tariff of 60% on every single product imported…”

“Do you all know anybody who doesn't know how tariffs work? All right, I'll give you a hand. That other guy, now, he has this crazy, crazy, crazy notion that Putting a tariff of 60% on every single product imported from China is a good idea [according to Donald Trump]. Let me just tell you, this man has so little understanding of tariffs, he thinks that China pays for them. This is the same guy who also thought that Mexico would pay for the wall.” (04:07–04:20)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.