Jim Cramer Says Trump's Anti-China Rhetoric Will Put This Deal at Risk

President-elect Donald Trump's anti-China comments are raising the odds that Beijing regulators will try to stop Qualcomm (QCOM) - Get Report from buying NXP Semiconductors (NXPI) - Get Report for $39 billion -- which explains why NXPI shares are trading far below the deal's $110-a-share price, Jim Cramer says.

"I've done a number of checks, and all I keep coming back with is that when Trump makes noise about China, what can China do directly to cause problems?" Cramer said Wednesday during an exclusive conference call with members of his Action Alerts PLUS investors club.