What Jim Cramer Expects From a Trade Deal

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Trade officials from Beijing will continue meetings in the White House Friday following a press briefing Thursday at which Donald Trump suggested both hopes for a near-term deal with China and the prospect of added tariffs or restrictions if an agreement couldn't be reached.

"We're getting very close to making a deal. That doesn't mean a deal is made, because it's not, but we're certainly getting a lot closer," the president told reporters Thursday. "And I would think with, oh, within the next four weeks or maybe less, maybe more, whatever it takes, something very monumental could be announced."

Trump added he would hold a summit with Chinese President Xi Jinping if a deal was reached.

Jim Cramer said that he doesn't expect President Trump to immediately remove the tariffs on China, because of the possibility that China violates the trade agreement. 

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