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Jim Cramer on how Trump's stance on China harms Nvidia and Apple [CNBC]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
He primarily cited the Trump administration's harsh commerce policies with and attitude towards China. For CNBC's , right now, it's to two favorite stocks, and , as he unpacked on Monday the Trump administration's harsh commerce policies and attitude towards China. “Until Trump became president, our policy was peaceful co-existence and commerce with China, even if they didn't play by the rules on trade,” Cramer said. “But now our policy is nothing but scorched earth without military confrontation.” Stocks on Monday, with the sinking 2.48%, the dropping 2.36% and the tech-heavy shedding 2.55%. The volatile state of global trade policies continued to plague Wall Street, especially as tensions with vital U.S. trading partner China remain high. There is now a on all goods imported from China, and the country has with its own 125% duty on goods from the U.S. Investors were also perturbed by President Donald Trump's on Federal Reserve Chair Jerome Powell. Once known as the “Magnifi
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