Jim Cramer understands something Donald Trump and his cronies do not. And it will put a lot of hurting on folks in the United States.
Jim Cramer reveals an unfortunate truth about China
“You don’t wing it with the Chinese,” Cramer said. “The Chinese are so ready for us. One of the reasons the Chinese dominate in so many different games and have and have their 2025 plan to take over certain industries is because they are very smart about what they are ready for.”
Cramer went on to say that China knows the state where every product they will retaliate on is coming from and that the Chinese are on their game. In other words, the Chinese know exactly how to extract maximum pain on Trump by ensuring the tariffs affects Trump’s base.
“When you see the numbers and what they have,” Cramer continued. “Mr. President, I never want to say he is out of his league, but he better be a little more, he better understand, these guys, they have been in a war against us for years, okay.”
Cramer then equated the battle as one between armies of different calibers.
“They are so ready for what we have to do that it is embarrassing,” Cramer said.
The man hit the nail on the head. One hopes that the president realizes that his ineptitude could put not only his party but his country in dire financial straits
Recently Senator Ben Sasse (R-NE) dissed the president’s trade war as ‘Nuts” on Twitter.
“Hopefully the President is just blowing off steam again but, if he’s even half-serious, this is nuts,” Ben Sasse said. “China is guilty of many things, but the President has no actual plan to win right now. He’s threatening to light American agriculture on fire. Let’s take on Chinese bad behavior, but with a plan that punishes them instead of us. This is the dumbest possible way to do this.”
Will the GOP floodgates of criticism open?