Jim Cramer has voiced his displeasure over the prevailing tariff policies, terming it a ‘manmade disaster’ that has led to a downturn in the stock market.
What Happened: Jim Cramer, recognized for his shows ‘Mad Money’ and ‘Squawk on the Street’, slammed the current administration’s tariff policies in an interview on CNN. He argued that the tariffs are not reciprocal as pledged, but are instead one-sided and inconsistent, potentially leading to significant harm.
“Let’s get one thing straight: I’ve never been a free trader. Never. I’m a fair trader—always have been, from my days running a hedge fund to my time yelling about stocks on CNBC,” stated Cramer.