Jim Cramer criticizes Trump's tariff announcement, fears market decline and economic impact

From Yahoo Finance: 2025-04-06 12:21:00

President Trump’s tariff announcement on April 2 caused a stock market tumble, with the S&P 500 and Nasdaq dropping dramatically. The re-rating of stocks reflects concerns about revenue and profit growth in the face of increased tariffs. Jim Cramer criticized Trump’s tariff strategy and the economic impact it may have.

Economists note cracks in the economy, with inflation rising slightly. The Federal Reserve’s balancing act between inflation and unemployment is complicated by tariffs, which could worsen economic conditions. Investors are selling stocks, fearing stagflation or recession as the market continues its decline.

Cramer expressed disappointment in the tariff strategy, questioning the logic behind the announced tariffs. The hope for fair negotiations through tariffs may not alleviate losses for investors. The impact of tariffs on the S&P 500 was criticized by Cramer, who lamented the market decline caused by what he called a mishandled approach.



Read more at Yahoo Finance: Jim Cramer delivers blunt take on tariffs after stocks crash