President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
"The new thesis I'm hearing is that the president's woes are making the Chinese more intransigent," the "Mad Money" host explained. "They're beginning to take a longer view that Trump's in real trouble and they can take more pain than we can and wait out the president."
"In other words, the Mueller investigation weakens the Trump hand, and it could actually hurt the global economy if it results in a prolonged trade war, " he continued.
President Donald Trump, whose personal lawyer Michael Cohen is at the center of a scandal involving adult film actress Stormy Daniels, revealed on Monday that he knew of a $130,000 payment Cohen made to Daniels ahead of the 2016 election.
The president's comments came after Rudy Giuliani, the former mayor of New York and one of Trump's lawyers in special counsel Robert Mueller's Russia probe, told Fox News on Wednesday that then-candidate Trump repaid Cohen after Cohen paid Daniels.
Cramer argued that this nonstop, multifaceted newsflow could weaken Trump's position in dealing with China. China's lawmakers could simply choose to wait until the president's various issues are resolved — or until his four-year term is over.
"This narrative has become so ingrained that we have come to expect every stock to go down as it's repeated," Cramer said. "We'd like to think that the stocks of companies that have little to do with trade, or at least anything domestic, ... would somehow be immune, but if they're in the , they go down. "
Big hedge fund managers and individual investors alike have flocked to index funds like the S&P 500 in recent months, causing stocks to trade in tandem as the three Ts — Trump, tariffs and trade — fuel the market's concerns, Cramer explained.
But the broad-based declines have brought some courageous buyers out of the woodwork, too, the "Mad Money" host said.
"Periodically we get bargain-hunters [who come in] and basically say, 'Enough is already enough. It can't possibly be this bad,'" Cramer said. "Look, they might be right. Maybe there will be no negative headlines about Trump tomorrow — hey, crazier things have happened."
"Or perhaps [tomorrow] will just be another lousy Friday like all the rest of them as people worry about what'll happen this weekend with China," he said. "If you have one takeaway from today, it should be that there comes a point where everyone is collectively too negative for that very moment, and that's when you have to take the other side of the trade."