Jim Cramer's Breaking Down Tariffs, and the U.S.-China Trade War

Credit: The Street
Published on August 13, 2019 - Duration: 13:07s

Jim Cramer's Breaking Down Tariffs, and the U.S.-China Trade War

Whew.

Talk about a whiplash morning.

Jim Cramer's tackling the U.S.-China trade war and his thoughts on the tariffs being pushed back to December 15.

What's Going on With the Trade War?

We got some positive news about the trade war.

Here's what's going on.

The USTR said it will delay tariffs on several items in the basket of $300 billion in consumer goods that are made in China and sold in the United States, which were set to rise to 10% on September 1, until at least December 15.

Cell phones, video game consoles, certain toys, and footwear will get the short term exemption, the USTR said and will publish a list of the tariff lines affected on its website later today, reported TheStreet's Martin Baccardax.

Time to Get Into Gold?

Gold hit a six-year high.

And Cramer still thinks that you should put some money into gold.

Related.

Jim Cramer: It's History, Not Me, Saying There's Always a Bull Market Somewhere What's Going on With Cannabis?

Stock of the Day Tilray is set to report earnings after the bell Tuesday.

Bruce Kamich, Real Money contributor, took a look at Tilray's chart ahead of earnings.

Here's Kamich's takeaway, "With TLRY going down eight months and many cannabis bulls in retreat or wounded, I would guess (yes, guess) that an upside move is not expected." Related.

Tilray Could Be Poised to Move Higher

Advertisement

You are here

Recent related news from verified sources

BEIJING: China on Thursday welcomed US President Donald Trump's "goodwill" gesture to postpone a planned tariff hike on Chinese products, as the two countries...
4 days ago • WorldNews

Washington (AFP) Sept 12, 2019 After an apparent conciliatory move by China, US President Donald Trump on Wednesday made one of his own, announcing that he...
4 days ago • Energy Daily

Recent related videos from verified sources

What Determines The Price of Oil? 01:46
Credit: The Street - Published 1 hour ago 

Sectors That Investors Should Watch 07:51
Credit: The Street - Published 2 hours ago 

You might like