Guno צְבִי
We fight, We win, Am Yisrael Chai
CNBC host Jim Cramer said Thursday that although he doesn’t consider himself a “free trader” (he prefers the term “fair trader”), he still feels “like a sucker” after seeing the Trump administration’s massive tariffs.
Cramer, who had repeatedly warned Donald Trump not to institute his tariffs plan, appeared on CNN to discuss the fallout from Wednesday’s market-crushing announcement on what the president dubbed “Liberation Day.”
“I’m let down because yes, I’m not a free trader. I’m a fair trader,” Cramer told anchor Erin Burnett. “I always have been from the days when you worked with me at CNBC. And what I was hoping was that a coordinated thing where if you are charging us 20 percent, we charge you 20 percent. Instead of a car where we’re only making you pay 2-1/2 and you’re not letting us in, we try to get things better.”
Trump’s tariffs, some of which were slapped on islands with zero humans but plenty of penguins, reached as a high as 46 percent and 49 percent for Vietnamese and Cambodian imports, respectively. Experts immediately questioned how those tariff amounts were calculated, with Cramer’s CNBC colleague Steve Liesman writing that Trump “straight up lied when he said the US is now charging tariffs at half the rate other countries charge.”
news.yahoo.com
Cramer, who had repeatedly warned Donald Trump not to institute his tariffs plan, appeared on CNN to discuss the fallout from Wednesday’s market-crushing announcement on what the president dubbed “Liberation Day.”
“I’m let down because yes, I’m not a free trader. I’m a fair trader,” Cramer told anchor Erin Burnett. “I always have been from the days when you worked with me at CNBC. And what I was hoping was that a coordinated thing where if you are charging us 20 percent, we charge you 20 percent. Instead of a car where we’re only making you pay 2-1/2 and you’re not letting us in, we try to get things better.”
Trump’s tariffs, some of which were slapped on islands with zero humans but plenty of penguins, reached as a high as 46 percent and 49 percent for Vietnamese and Cambodian imports, respectively. Experts immediately questioned how those tariff amounts were calculated, with Cramer’s CNBC colleague Steve Liesman writing that Trump “straight up lied when he said the US is now charging tariffs at half the rate other countries charge.”
CNBC’s Jim Cramer: Trump’s Tariffs Make Me ‘Feel Like a Sucker’
CNBC host Jim Cramer said Thursday that although he doesn’t consider himself a “free trader” (he prefers the term “fair trader”), he still feels “like a sucker” after seeing the Trump administration’s massive tariffs. Cramer, who had repeatedly warned Donald Trump not to institute his tariffs...
