Jim Cramer, during a segment on CNBC, expressed significant concern over President Trump's tariff policies, suggesting that they might trigger a full-blown market crash. Following Trump's announcement, the stock market saw a drastic decline, dropping nearly 1700 points. Cramer remarked that the current trajectory seems counterproductive, questioning the rationale behind the administration's decisions. He indicated that the potential for a market crash is high, particularly if the situation doesn't improve, while also pointing to a lack of belief among investors concerning the stability of stocks.
CNBC host Jim Cramer warned that if President Trump continues his current approach, the stock market's decline could escalate into a real crash.
Cramer expressed skepticism about the effectiveness of the president's game plan, suggesting that it seems designed to provoke a market crash rather than stabilize it.
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