Cramer Remix: Tariffs could hurt earnings, but for some CEOs, it's worth it

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Jim Cramer reveals how some CEOs are willing to take the tariff pain because they're fed up with China's trade practices.

trade strategy is "flawed," a 25% tariff on all Chinese imports could force the country to change its practices, he said.

Chinese companies have long been accused of stealing intellectual property from the U.S., and Trump placed particular focus on what he saw as a trade deficit between the countries. After hiking tariffs on $200 billion worth of Chinese goods from 10% to 25% last Friday, Trump is threatening to add a 25% duty on another group of merchandises worth about $300 billion.

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Nobody even knows what the Chinese agreed to that they no longer want to sign on.

Nonsense. Example: jpmorgan's CEO says he agrees with Trump admin on IP & other initiatives while at same time leading IPO issues getting US money for Chinese companies to productize IP. His goal is to become big in China because it's the only place for substantial growth

😂

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