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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer Remix: The Chinese government has a weak hand when it comes to tradeJim Cramer explains why the Chinese have more to lose than we do when it comes to the trade debate.
Read more »
Cramer Remix: Charts suggest the market could soon get a deep correctionJim Cramer takes a look at the warning signals one analyst points out in the charts to find out what could lie ahead in this market.
Read more »
Cramer Remix: What's behind today's huge sell-offJim Cramer reveals that the coupling of an escalating trade war with China and Uber's IPO fiasco led to the market's dip.
Read more »
Cramer Remix: LendingTree could get a boost from lower interest ratesJim Cramer explains how LendingTree has overcome the short sellers and can succeed with lower interest rates.
Read more »
Cramer Remix: There aren't enough safety zones in this market, so don't buy into the weaknessJim Cramer warns that there may be more panic – and selling – ahead as fears over U.S.-China trade relations are reignited.
Read more »
Cramer on Trump’s economy and CEOsOn this week’s episode of “Saturday Night Politics with Donny Deutsch,” Jim Cramer, the host of CNBC’s “Mad Money,” talks about Trump’s economy, and a winning political message: “If you don’t slam that $200 million per year executive, I think people think you’re heartless.”
Read more »
Jeff Bezos considers these 3 CEOs his role modelsEveryone has role models — even Jeff Bezos, who looks up to these three CEOs. (via CNBCMakeIt)
Read more »
CEOs Share Their Most Helpful (and Unconventional) Career AdviceDo you like the person interviewing you? Is job hopping a bad thing? WSJ turned to executives in a variety of industries for helpful, counterintuitive and specific advice
Read more »
Cramer: Teddy Roosevelt wouldn't even break up FacebookTheodore Roosevelt, known for targeting monopolies like Standard Oil, would not break up Facebook, says CNBC's Jim Cramer
Read more »
Cramer: Trump's trade tweet is about 'getting the Dow up a little bit' and pressuring ChinaPresident Trump's optimistic morning tweet on China trade talks was aimed at Wall Street and Beijing, says CNBC's Jim Cramer.
Read more »
Get ready to pull the trigger on these stocks — 'We're almost in oversold territory,' Jim Cramer saysGet ready to pull the trigger on these stocks — 'We're almost in oversold territory': Cramer
Read more »