The 'Mad Money' host lays out why he has a hardline stance on trade with China.
CNBC's Jim Cramer lays out his case for holding a hardline position in the U.S.-China trade war.
"With each of these items, I see a group of towns that's been decimated by permanent, normal trade relations with China, just like the towns that made gift wrap for my dad's jobbing business," he said. "The economists will tell you that tariffs raise the cost of living. They're not wrong — a tariff is a sales tax — but a lot of their predictions seem overblown," he said. "A lot of companies can do a lot to mitigate the damage."
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