Billionaire Mark Cuban has warned that Donald Trump's promise to slap tariffs of 60 percent or more on Chinese goods is already having a negative impact on American companies.
"Right now every company that imports from China is taking all the cash they can muster, and buying up as much as they can and stuffing it in a warehouse" before the tariffs are imposed, Cuban, who supported Vice President Kamala Harris in the election, wrote on the social messaging platform Threads.
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