Jim Cramer: Hate Him or Like Him, President Trump 'Is Done'

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The U.S. is reportedly preparing to sanction around a dozen more Chinese officials following Beijing's crackdown on the dissent in Hong Kong.

Reuters reported the sanctions could be imposed on Chinese officials for their alleged role in Beijing’s disqualification of elected opposition legislators in Hong Kong.

When asked if the market will weigh in the news negatively as it would have prior to the pandemic, Cramer said China stocks have continued to move higher, signaling that markets are acknowledging that the Trump administration and its harsher trade rhetoric are on the way out.

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