Finally, Cramer spoke with Columbia Sportswear President and CEO Tim Boyle, who issued a warning on Trump's latest proposal to place tariffs on all Chinese imports.
"I think it would hurt our Chinese business. Our U.S. business is … supported by products sourced from all over the world, but I think it would do significant damage to the U.S. economy to have that kind of impact on tariffs," Boyle, whose company has been in business for 80 years, told the "Mad Money" host.
The CEO noted that Columbia Sportswear, now a global company, already works around tariffs on apparel and footwear, which "are already some of the most heavily tariffed [merchandise categories] in the United States and, really, the world."
"We find that one of our strengths is navigating these significant tariffs in order to make sure that we offer consumers the best product at the best price," Boyle told Cramer. "But when you throw tariffs on a sourcing country like China that's so important for the rest of the world and so important for the U.S., there's no way it's going to mean anything other than higher prices for consumers in the U.S."
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