Jim Cramer and his CNBC colleagues expressed skepticism over President Trump's recent tariffs, labeling them as punitive and not truly reciprocal. During a segment on Squawk on the Street, analyst David Faber criticized the accuracy of the tariffs in relation to global trade practices, signaling market discontent and confusion. Cramer specifically highlighted the misleading nature of Trump's claims, calling for clarity and honesty in the discourse. The analysts united in their condemnation of the president's rhetoric, indicating a significant concern over the potential impact on the stock market.
In a scorching opening segment of Squawk on the Street, CNBC's David Faber called out the punitive nature of the newly-announced tariffs, asserting they were not based on other countries' charges to the U.S.
Cramer has been a vocal critic of the Trump tariffs, calling the president's claims of reciprocity misleading and stating, 'That's just, I don't want to call it a lie, it's dissembling.'
Collection
[
|
...
]