Late Tuesday, it was reported that Trump administration officials turned down the opportunity to meet with two Chinese vice ministers.

White House Economic Adviser Larry Kudlow denied reports of cancelled U.S.-China trade talks, but says President Trump won't "back down' on demands for structural changes.

In his Real Money column Tuesday, Cramer wrote about the weakness in China and how it could benefit the U.S.-China trade talks.

He then explained his thinking in Tuesday's Facebook live show, which can be found here.