Dallas Mavericks minority owner Mark Cuban has been at odds with U.S. President Donald Trump for some time. However, Trump's latest initiative has gotten a stamp of approval from the billionaire investor.
Trump announced an unprecedented deal with chip giants Nvidia and AMD that would see the US government receive 15% of revenues from Chinese markets.
On Monday, Cuban posted a tweet commending Trump for the move. He also tagged Democratic senators Alexandra Ocasio-Cortez, Bernie Sanders, Chuck Schumer and Elizabeth Warren.

"Hey @AOC, @BernieSanders, @SenSchumer, @SenWarren, every Dem should be thanking @potus for doing what the Dems have dreamed of doing, but have NEVER been able to do, creating a sales tax on 2 of the biggest semi companies in the country!" Cuban tweeted. "You should be thanking him all day, every day for this brilliant move you guys couldn't ever pull off !"
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In a separate tweet, the former Mavericks majority owner acknowledged his contentious history with Trump while continuing to praise the president for implementing "progressive" taxation.
"I disagree on most of the non-business things he does," Cuban posted on X. "But when it comes to tax revenue generation , as I’ve said to many Dems over the last 12 months, if you want to generate revenue from the richest of us, give them incentives to give you money and do the right thing. Particularly for their businesses."
Although Cuban initially backed Trump's 2016 presidential campaign, he eventually withdrew his support and stood by Democratic nominee Hillary Clinton. Last year, Cuban helped Kamala Harris' campaign in swing states Arizona and Michigan.
Cuban has previously called Trump "unethical."
"I'm sick of f***ing politics": Mark Cuban claims to be on American citizens' side amid questions of his political loyalty
Earlier this month, a netizen asked Cuban to identify "which side" he was on, as far as the political dynamics of the country were concerned. In response, Cuban decided to split the difference between the Democratic and Republican parties.
"I'm on the side of the American people. I'm sick of f***ing politics," Cuban tweeted.
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