While the market seems to be shrugging off trade worries for now, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is "constantly" worried about China.

Cramer pointed to investors dismissing Estee Lauder's (EL) downbeat guidance Monday, which came amid worries that China may issue tariffs on U.S. cosmetics.

"I'm constantly worried about China," Cramer noted. "There is a belief that, you know what, we're going to get through this thing."

Estee Lauder is Real Money's stock of the day

More from Video

Will 2019 Make IPO's Great Again?

Will 2019 Make IPO's Great Again?

Jim Cramer Weighs in on IBM Earnings, Tesla Downgrade and Trade Talks

Jim Cramer Weighs in on IBM Earnings, Tesla Downgrade and Trade Talks

What Trade Talks? Jim Cramer's Thoughts on U.S.-China Trade War

What Trade Talks? Jim Cramer's Thoughts on U.S.-China Trade War

Why Jim Cramer Thinks Tesla's an Innovative Company

Why Jim Cramer Thinks Tesla's an Innovative Company

The Market Referees are Gone, Says Jim Cramer

The Market Referees are Gone, Says Jim Cramer