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Started By
Message
Cramer says ‘tariffs worked,’ Trump’s strategy forced China to agree to a trade deal
Posted on 1/17/20 at 10:03 am
Posted on 1/17/20 at 10:03 am
LINK
quote:
CNBC’s Jim Cramer said Wednesday that “tariffs worked” as a means to prod China to agree to a “phase one” trade deal with the United States.
“I keep wondering when people are going to recognize that it is historic that tariffs did succeed,” Cramer said on “Squawk on the Street,” shortly before U.S. and Chinese officials were set to sign the initial trade agreement at the White House later in the morning.
“Tariffs were not supposed to work,” said Cramer, who has all along been a supporter of President Donald Trump’s hard-line approach toward China.
“The Chinese were supposed to be able to get around them. It didn’t happen,” the “Mad Money” host added. “The Chinese were kind of accepting that they had to get something in order to keep the American market.”
11
Posted on 1/17/20 at 10:09 am to Major Dutch Schaefer
IB finna be pissed
Posted on 1/17/20 at 10:09 am to Major Dutch Schaefer
IB freeman to tell us why this is bad in 5..4...
Posted on 1/17/20 at 10:14 am to CoachChappy
I b chinaman is just mad about the peepee in his coke.
Posted on 1/17/20 at 10:15 am to Major Dutch Schaefer
I love tariffs 
Posted on 1/17/20 at 10:16 am to Major Dutch Schaefer
Posted on 1/17/20 at 10:16 am to CoachChappy
quote:
IB finna be pissed
IB better get his arse busy busting those rocks in the Shanghai debtors prison or he won’t be getting his dogmeat soup tonight
Posted on 1/17/20 at 10:17 am to Major Dutch Schaefer
Tariffs are bad if they don't work for negotiating but good if they do work. Long term they suck for everyone. Im surprised Communist China came to the table this soon... Trump really must have struck fear into them.
Props to da Boss.
Props to da Boss.
Posted on 1/17/20 at 10:34 am to yatesdog38
I think China folded because their economists couldn’t figure out a way to combat the tariffs. Everything they tried seemed to backfire.
Posted on 1/17/20 at 10:43 am to Major Dutch Schaefer
Cramer has been fully on the side of Trump. He’s basically MAGA despite being a “democrat”
Posted on 1/17/20 at 10:53 am to Man4others
CNBC generally speaks favorably about Trump and many of their guests do as well.
Posted on 1/17/20 at 10:54 am to Major Dutch Schaefer
WTF does he know? IB CHinaman said they failed.
Posted on 1/17/20 at 11:43 am to Major Dutch Schaefer
Posted on 1/17/20 at 12:13 pm to Major Dutch Schaefer
It was always this easy, folks
Posted on 1/17/20 at 12:26 pm to SDVTiger
quote:
I love tariffs
I don't, but Trump has definitely shown me that if they are used correctly they are an effective tool. Unfortunately, most presidents do not use them correctly.
Posted on 1/17/20 at 12:30 pm to Major Dutch Schaefer
I'm gonna wait on the drunk professional to tell me whether this is bullshite or not.
Posted on 1/17/20 at 12:33 pm to Major Dutch Schaefer
good. If you have leverage use it.
Posted on 1/17/20 at 12:37 pm to bamarep
It won’t work! I have a flawless record in futures investment that says I’m infallible!
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