Tariffs: Burdening Even Tiny Businesses With Expensive, Arduous Compliance

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Mark Cuban has warned that Trump's plan to impose sweeping tariffs on US imports would burden even tiny businesses with expensive, arduous compliance.

"I think one major point the discussion of tariffs is missing is the time and cost to businesses, even the smallest single person company," the tech billionaire said in an X post on Monday.

He goes on to say, "It's a lot of work. It's a lot of bureaucracy. It almost always required hiring a broker to deal with all of it. And of course there is the ongoing record keeping that each business is responsible for."