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By Maya Mehrara
News Reporter
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Businessman Mark Cuban criticized Donald Trump's comments on the auto industry in a new post on X, formerly known as Twitter.
Cuban's criticism of Trump followed the former president's appearance at the Economic Club of Chicago Tuesday, where he discussed foreign production of cars and said, "They build everything in Germany and then they assemble it here, they get away with murder because they say, 'Oh yes we're building cars.' They don't build cars, they take them out of a box, and they assemble them, we could have our child do it."
A clip of him making the statement was posted by Kamala Harris' campaign account, and re-shared by Cuban who wrote, "He still thinks it's 1965. It's obvious he has no idea what it takes to manufacture any advanced product, car or otherwise."
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The entrepreneur's post on X gained over 40,000 likes, 7,000 reposts, and 3,400 comments.
While some in the replies supported and echoed Cuban's view, others criticized him and said that his comment indicated that he had not watched the interview in full.
Sold at the Top, a user whose bio says they "maintain the reasonably popular PaperEconomy" substack, wrote, "That's not the point. He's arguing for more than mere assembly happen in the US. A plant that just does the 'final mile' is NOT truly 'Made in the USA'. He wants US manufacturing to be restored creating jobs for more Americans... can you really argue with that?"
Cuban responded to the latter, "I know what he wants. But he has no idea what it takes to do it. Why not just pass a law that ALL MANUFACTURING has to be done in the USA within 10 years? When you put crazy tariffs on every import, that is effectively what he is trying to do The difference between using laws and tariffs is that as POTUS he can set tariffs. Laws have to be passed. And this would never get passed Thats how crazy his approach is."
Newsweek reached out to Cuban for comment via email.
Team Trump Michigan Communications Director Victoria LaCivita provided a statement to Newsweek regarding Trump's comments on the auto industry.
LaCivita said, "Kamala Harris clearly has no idea what it takes for car manufacturers in America to be successful which is why Michigan alone will lose 37,000 jobs in the auto industry if she is elected president. President Trump will end Kamala Harris' disastrous Green New Scam policies, radical EV mandates, and her administration's war on energy, which contributed to the inflation mess we've found ourselves in during Harris's time in office. President Trump will unleash American energy and give the auto industry the tools to be bigger, better, and stronger.
"Like many Americans, President Trump remembers when Detroit was lauded as the gold standard for auto manufacturing success and revolutionized the industry. Detroit has suffered from globalist policies championed by Kamala Harris that have shipped manufacturing overseas.
"Detroit's population has dropped over 60 percent since 1960, maintains the third highest homicide rate in the nation, and a poverty rate for full-time workers three times as high as the rest of Michigan. As President Trump emphasized in his speech, his policies will usher in a new era of economic success and stability for Detroit, helping the city reach its fullest potential."
Trump's comments about the decline of the American auto industry follow his appearance at the Detroit Economic Club on October 10, where he also alluded to the industry's collapse in the Michigan city.
Predicting impending economic disaster if Kamala Harris wins, the former president said, "You want to know the truth? It'll be like Detroit — our whole country will be, like end up being like Detroit if she's your president."
Often a critic of Trump, Cuban, best known for being an investor on the show Shark Tank, has engaged in online debates with Tesla CEO Elon Musk about the election, as Musk supports Trump, and recently said that a second Trump term would be "worse" than his first.
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Update 10/17/24 12:57 p.m. ET: This article has been updated with comment from Team Trump Michigan Communications Director Victoria LaCivita.
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