Cramer says Trump can’t raise tariffs on China with 30 million unemployed: ‘That is 1932’

Cramer says Trump can’t raise tariffs on China with 30 million unemployed: ‘That is 1932’

CNBC’s Jim Cramer warned Monday that the U.S. economy may be too weak right now to handle another trade fight with China and discouraged the Trump administration from imposing a new wave of tariffs against Beijing.

Cramer also drew a comparison to the Great Depression, saying that to hike tariffs against China now would be akin to legislation during that period that exacerbated the historic…

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