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Stock impact report

Jim Cramer Once Backed Best Buy (BBY) – Here's Why His Trust Later Sold the Stock [Yahoo! Finance]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
On Tuesday, April 1 , the host of Mad Money opened the show by focusing on President Trump's tariffs and the economic risks ahead of ‘Liberation Day'. While Cramer expressed sympathy for the President's goals, he warned viewers that the consequences could be severe for both consumers and the broader economy: “Now as someone who's been a huge critic of unrestrained free trade, I am very sympathetic to what President Trump is trying to accomplish with these tariffs. Every other country on earth tries to protect its own domestic industries except America which has spent decades letting foreign competitors steamroll our guys in exchange for cheaper stuff. President Trump is justifiably furious about this he wants to do something about it but solving the problem is going to hurt. We don't know how much our prices will go up for just about everything, but we do know those tariffs will be used as an excuse to raise prices across the board. It's been very hard to get a sense of the overall Show less Read more
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