CNBC’s Jim Cramer laid out Wall Street’s concerns over a trade war from Trump tariffs and offered his take on how the White House might view the…
Tuesday saw stocks tumble as investors prepared for the ramifications of President Donald Trump's tariff policies.
"I make no judgments about whether the Trump administration's worldview is good or bad; or even right or wrong," he said."I just want to put it out there, so you know what you're getting into if you decide to stay in stocks during what's becoming a tumultuous phase in our country's history."laid out some of Wall Street's major concerns and offered some foresight and his take on how the White House might view the issue.
He also honed in on the White House's general attitude towards other countries, saying it doesn't seem to matter whether a country is an ally, but whether it"pays its freight." It seems irrelevant to the Trump administration whether its trade policies are consistent, Cramer said, adding that it also doesn't matter that tariffs have historically been considered bad for business. He also highlighted uncertainty around whether other U.S.
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