were to close higher Thursday, that would be a three-day winning streak and perhaps a break in the negative sentiment surrounding trade headlines earlier this week.
The Trump administration last week increased duties on $200 billion worth of Chinese products from 10% to 25%. On Monday, in retaliation, China announced plans to raise tariffs rates on $60 billion in U.S. goods. The president has also been threatening all along to put tariffs on the rest of China's imports.
Cramer has voiced support for Trump's tougher stance on China but has also advised investors to load up on names that can withstand higher tariffs.that people were saying that American companies that did not reduce their China exposure after months and months of watching Washington and Beijing clash on trade have only themselves to blame.
"I'm also told that they are like, 'Are you kidding me, you had a full year to move out of China. If you didn't move out of China now, it's your own fault,'" Cramer said at the time.
Trump is the one President, one politician that actually keeps his word and grateful.
Cramer has become a mouthpiece for this administrations destructive policies because all he and his cohorts care about is money for those at the top.
'Trump's tariffs are equivalent to one of the largest tax increases in decades'
If you don't get hurt by tariffs, you and all things on earth will get hurt by China Community Party.
Resolve? Resolve assumes an objective and a plan to get there.
Somebody explain to this clown the difference between resolve and stupidity. Hitler had resolve on Russia; how did that work out for him, Jimbo?
And the narrow minded elites are whining and crying all day! Elitist are as transparent and childish as a toddler
Cramer not too bright
U.S. companies also just got a massive corporate tax cut that’ll offset their tariffs losses. Win-win.
Well if you peoples are not careful this fool crazy old madman will do America the way he destroys his father💰he was a 💀 bit who don’t 💭 rights he only 💭 with his dirty ugly demented broken got as he used to arrogant say he alone can fixt it I am verysure God will capture him
Wall Street needs to stop funding China
He's so annoying
Everyone is getting her by these tariffs not just business people are going to start cutting back on buying things when they see a price for something they need today and go back a week later and it's double the price they won't buy it
Or they didn’t realize that he really is as stupid as he sounds
To be candid, investors thought the same thing and I don’t see this group yet being hurt. I don’t think many really expected this type of escalation. Kudos to those that did and for the companies that adjusted.
Oh Jim...
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Analysis | The Finance 202: Trump is underestimating the damage higher tariffs could have on U.S. economyAnalysis: Trump is underestimating the damage higher tariffs could have on U.S. economy Because he is a terrible business man duh. you think? He’s not estimating them at all.
Source: washingtonpost - 🏆 95. / 72 Read more »