CNBC’s Jim Cramer: ‘Game is Over’ on Sacrificing America to China Trade
“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,” CNBC’s Jim Cramer said Tuesday.
“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,” CNBC’s Jim Cramer said Tuesday.
China lobbed retaliatory tariffs on $60 billion in U.S. imports Tuesday after the U.S. announced new tariffs across $200 billion in Chinese goods.
President Donald Trump warned China on Monday against retaliating to the latest round of economic tariffs with additional tariffs of their own.
President Donald Trump issued the additional tariffs on $200 billion in Chinese goods that he’s been warning about for months should China refuse to change “unfair” trading practices with the U.S.
The Trump administration is expected to move forward Monday evening with its most aggressive challenge yet to China’s trade practices.
Kudlow praised the economy, downplayed concerns about the deficit, and said more China tariffs are coming.
“The unilateral and hegemonic moves by the US will meet firm countermeasures from China,” the Global Times said in an editorial.
“If countries will not make fair deals with us, they will be ‘Tariffed!'” President Trump wrote on Twitter.
President Donald Trump is making plans to implement additional tariffs of $200 billion on Chinese imports his administration has been considering for months, according to a new report in the Wall Street Journal.
The price of beer, soup, phones, and televisions have all declined while tariffs have gone up.
U.S. trade officials are extending Chinese officials yet another opportunity to negotiate trade before levying additional tariffs on hundreds of billions in Chinese goods, according to a new report.
When the president’s top trade adviser drafted a letter to the president warning him that his trade agenda was being blocked by White House insiders, the insiders simply refused to give it to the president.
Still no signs that tariffs are a “tax on consumers.”
Critics said tariffs would be a tax on U.S. consumers. The recent data on producer prices, however, show higher costs are not getting passed on to American consumers.
China plans to grow genetically modified soybeans in Argentina, hoping the crop will provide a “hand-up for China in the face of the ongoing trade war with the US.”
Sen. Ben Sasse revealed Saturday that he repeatedly thinks about leaving the Republican Party to become an Independent.
Apple said that the tariff would hit its Apple Watch, Air Pod headphones, Mac Mini desktop computers, and even the leather covers it sells for iPhones and iPads.
Trump told reporters that the U.S. has a third round of tariffs on Chinese imports ready to go if China retaliates again.
American construction workers are seeing their wages rise in the blue-collar industry as President Trump’s “Buy American, Hire American” tightened labor market forces business to find and employ disenfranchised U.S. workers, rather than importing foreign workers.
Tariffs were predicted to be a drag on productivity. Instead, U.S. worker productivity saw the biggest quarterly increase in three years after the Trump administration implemented steel and aluminum tariffs.
“It would be a giving up of our sovereignty and our identity and that is something that we will simply not accept,” Justin Trudeau said at a press conference.
Factory activity expands the most in over a decade, defying predictions of a trade war led decline.
When Trump ordered a staffer to draft a letter to take the U.S. out of NAFTA, Gary Cohn proposed to pilfer the letter from the president’s desk to keep him from signing it.
The owner of a Louisiana pipe company says business is booming thanks to President Trump’s tariffs on imported steel and aluminum.
Remember when they said tariffs would raise the prices of beer, soup, and canned food? The latest data shows that prices are actually falling.
The comment period for the next round of tariffs ends Thursday. Trump has reportedly told aides to be ready to go next week.
Another fake check that went badly wrong.
President Donald Trump reacted to senators championing free trade on Tuesday in response to his efforts to renegotiate trade deals for the United States.
China has been the uninvited guest at the NAFTA marriage of Canada, Mexico, and the U.S. The new agreement would tighten the door policy.
During the announcement of a trade deal with Mexico, President Trump stated that trade negotiations with Canada will short “shortly.” He also stated that Canada’s tariffs on dairy products aren’t acceptable and that the easiest move would be to put
A formal announcement is expected later Monday.
The Fed minutes reveal that officials are talking about trade a lot more but not seeing much evidence of negative effects yet.
The China doves got turned to ashes and dust when earlier trade talks hit a dead end, according to an administration official.
The results show that strong demand for housing from Americans, fueled a stronger economy and very low unemployment, is more than enough to offset the impact from higher materials costs and alleged labor shortages.
There are 20 times as many American jobs that have been created in the last six months thanks to President Trump’s tariffs on imported foreign goods than jobs that have been lost.
The road map would lead to meetings between President Donald Trump and Chinese leader Xi Jinping at multilateral summits in November, according to the Wall Street Journal.
Turkey has taken an unusually conciliatory approach to the European Union (E.U.) and asked for financial backing as it fights an escalating U.S. trade and tariff war.
Despite fears that trade disputes and tariffs could weigh on the U.S. economy, there are no signs they are costing U.S. jobs.
This month’s meeting would be the first between senior U.S. and Chinese officials since June 3.
The Trump administration would consider relenting on U.S.-imposed sanctions on Turkey related to the detention of Pastor Andrew Brunson if he is released, White House Press Secretary Sarah Sanders told reporters Wednesday.