Skip to main content

Jim Cramer on Trump's New EU Tariffs

Publish date:
Video Duration:

Yesterday the United States won a $7.5 billion World Trade Organization ruling agains Airbus. President Trump responded by placing tariffs on the European Union. Jim Cramer broke down what it means for investors:

"They were so proud that they immediately struck and that the American people should be very excited that they got the victory. Okay. So now on wall street, we're petrified that they're going to immediately put tariffs on. Moronically the market opened unchanged, which is ridiculous and against everything I said was going to happen. Uh, and there's, there's this just incredible disconnect between the white house thinking that the, well the people will cheer for the WTO victory and the stock market, which says now we're up against Europe. So you have to get used to that. There's a disconnect between what the president thinks is going to be really good, which is to be able to spur manufacturing in this country."

Watch the video above to see what else Jim Cramer had to say about the WTO ruling and the Trump administration's response.

More from Cramer Today

Full Replay: You Ain't Seen Nothing Yet: Jim Cramer on the Markets and PepsiCo Earnings

Jim Cramer: You Have to Do Some Buying

Jim Cramer on Consumer Staples

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below

Related Videos