Cramer warns investors that believing China over Trump on trade is dangerous and costly

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Cramer warns investors that believing China over Trump on trade is dangerous and costly
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'I'm aghast we trust the People's Republic of China more than we trust the White House,' says CNBC's Jim Cramer.

"I'm aghast we trust the People's Republic of China more than we trust the White House," Cramer said on"The predominance of coverage this morning is that the President is lying. I'm not willing to say that he's lying. We can doubt him, but in the end we're doubting a guy that didn't want the market to crash."

"China called last night our top trade people and said 'let's get back to the table' so we will be getting back to the table and I think they want to do something," Trump told reporters.

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