Once upon a time, there was a big and strong man named Donald. He used to be the boss of a whole country, and even though he did many things, some of them were good and others were not so good.
One day, Donald said that if a big company named John Deere made its products in another country, he would make them pay a lot of extra money to sell those products in his country.
Another man named Mark, who had a lot of money too, said that what Donald said was silly and would hurt a lot of people. Mark thought that Donald did not understand how businesses work and that his idea was not a good one.
And so, they both continued to argue and fight about what was best for their country, but the people of the land listened and thought about who they wanted to be their boss.

explanation like for 12 years old:
A while ago, a man named Donald was the leader of a large country. He made many decisions that affected the people living there, some of which were good, and some of which were not.
One day, Donald made a statement saying that a company named John Deere, which produces tractors and other agricultural equipment, would face heavy tariffs if they moved their production facilities to Mexico.
Another businessman named Mark, who had accumulated a significant amount of wealth, criticized Donald's statement, saying that it showed a lack of understanding of how businesses operate. Mark believed that Donald's proposal would harm many people and companies in the country.
The citizens of the nation listened to both men and thought about which one they wanted to lead their country in the future.

explanation like for an adult:
Former US President Donald Trump recently made a statement during a policy roundtable in Pennsylvania, where he threatened to impose a 200% tariff on John Deere, a leading agricultural equipment manufacturer listed on the NYSE as Deere & Co (DE), if they moved some production to Mexico.
Billionaire entrepreneur Mark Cuban responded to this on Twitter, stating that Trump's lack of understanding of business was "insane." Cuban argued that Trump's proposed tariff would hurt American companies while benefiting Chinese competitors.
This is not the first time Trump has proposed such tariffs; in August, he threatened to impose 200% tariffs on Chinese-made cars produced in Mexico if Kamala Harris, the current Vice President, wins the 2024 presidential election.
These tariff threats are not isolated incidents. Last week, Trump vowed to impose 200% tariffs on Chinese-made cars produced in Mexico, warning of a potential collapse of the U.S. auto industry if Harris wins the election.
During a town hall event in Flint, Michigan, Trump reiterated these Read from source...

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Ahead of the 2024 presidential election, former President Donald Trump has made headlines with his latest trade policy proposal, promising hefty tariffs on vehicles produced by alleged Chinese factories in Mexico.

What Happened: Billionaire entrepreneur Mark Cuban criticized former President Trump’s threat to impose a 200% tariff on John Deere, listed on the New York Stock Exchange as Deere & Co DE, for moving production to Mexico. In a post on X, Cuban called it a “good way to destroy a legendary American company.”

Cuban responded to Collin Rugg, owner of Trending Politics, who reported Trump’s comments made at a policy roundtable in Smithton, Pennsylvania. Trump warned John Deere of a 200% tariff if they proceed with plans to shift some production to Mexico.

“This Lack of Understanding of Business is insane,” Cuban wrote.

Trump’s comments were made while speaking to farmers, emphasizing his knowledge and love for John Deere. He stated, “If you do that, we’re putting a 200% tariff on everything that you want to sell into the United States,” highlighting his campaign’s focus on tariffs.

John Deere’s webpage details the company’s commitment to U.S. manufacturing and explains the necessity of moving less complex operations to other locations.

This Lack of Understanding of Business is insane. Put a 200% tariff on the American company moving some production to Mexico But tariff Chinese manufacturers 10 or 20%, so that the Chinese products will be cheaper to sell in the US than the American company. Good way to… https://t.co/c23eVGMSeB— Mark Cuban (@mcuban) September 23, 2024

See Also:

SpaceX CEO Elon Musk Says Anyone Can Go To Mars With SpaceX But Journey Would Be Like A ‘Long Sea Voyage In Centuries Past’

Why It Matters: Trump’s recent tariff threats are not isolated incidents. Last week, Trump vowed to impose 200% tariffs on Chinese-made cars produced in Mexico, warning of a potential collapse of the U.S. auto industry if Vice President Kamala Harris wins the 2024 election. He reiterated these claims during a town hall event in Flint, Michigan, despite the lack of evidence supporting the existence of such factories.

According to the Bureau of Labor Statistics, since President Joe Biden took over, auto and parts jobs have jumped by 13.6%, reaching 1.07 million by August. Car sales

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