Posted on 09/18/2018 5:08:09 PM PDT by Hojczyk
Jim Cramer says that the latest round of tariffs on China-made goods sends the message that the “game is over.”
Cramer, who is the most popular personality on CNBC, defended the latest round of tariffs the Trump administration announced Monday night.
“I think the president is saying, ‘Hey, listen guys, you are not going to make as much money in China as you used to. That game is over because we have to win the trade war,'” Cramer said Tuesday.
Cramer also said that Commerce Secretary Wilbur Ross was correct that the China tariffs would not hurt U.S. consumers.
“Wilbur Ross is right,” Cramer said. “I think that the sourcing is rapidly moving away [from China.]”
Cramer added that the Trump administration’s determination to win the trade war was not expected by China.
“That’s what the Chinese didn’t think would happen. Because we have always sacrificed domestic in favor of selling to China because the Chinese market is so big. And that, I think, is over,” Cramer said.
(Excerpt) Read more at breitbart.com ...
Wasn’t Cramer one of those wigged out guys who hated Trump?
Suicide watch at Goldman Sachs (of shiite) tower.
Then #WalkAway, Jim Cramer! Join the real wave!
In short order, both the US and Russia will come to realize they must ally to resist China. Trump already knows this.
“dumping their goods into the U.S.”
Proof to your statement:
Dollar Store
99 Cent Only Store
Big Lots
Dollar General
Dollar Tree
Grocery Outlet
I’m personally appalled at the fact that Chinese canned foods are now sold in such stores.
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