Cramer: In picking Pompeo, Trump sends a clear message to China
CNBC
3/13/2018
- Best and worst things to buy in SeptemberBest and Worst buys in the month of September from Deal News.
Money Talks News
- Want to work from home? Amazon is hiringYou could work for Amazon in your PJs.
USA TODAY
- Trump chides Harley-Davidson for plan to move some production overseasThe company announced it would move some production overseas due to retaliatory EU tariffs targeting its bikes.
Newsy
Best and worst things to buy in September
Money Talks News1:19Want to work from home? Amazon is hiring
USA TODAY0:48Trump chides Harley-Davidson for plan to move some production overseas
Newsy0:38Terminally ill man awarded $289 million in lawsuit against Monsanto
Veuer0:55How tariffs on Turkey might backfire
The Wall Street Journal.2:14American industries feel impact of Trump's trade policies
CBS News2:48What Trump's 20% tax break actually means for businesses
GOBankingRates1:00Millennials can save the Post Office?
Fox Business1:45
Rising gas prices set epic clash with America's devotion to SUVs
USA TODAY0:59Going for the McGold: McDonald's giving one person free meals for 5 decades
Buzz600:59Crocs to close remaining manufacturing facilities
CBS News1:18Fact check: Could Bernie Sanders' 'Medicare for All' save $2 trillion?
The Washington Post0:51How not to be a financial burden to your children after you die
GOBankingRates0:51Tribune terminates $3.9 billion merger deal with Sinclair
Newsy0:58American students falling way behind European students with foreign language skills
Veuer0:57Teens seeking out plastic surgery to replicate Snapchat filters
Fox Business4:01
President Donald Trump's plan to appoint CIA Director Mike Pompeo as secretary of State sends a startling message to China, CNBC's Jim Cramer said Tuesday.
"It says to China you are our enemy," Cramer said on "Squawk on the Street." "This is about China being our intellectual and economic enemy," Cramer added. "I think [saying] anything short of that is just a mistake."
On Tuesday morning, President Donald Trump announced he plans to appoint Pompeo to replace Rex Tillerson as secretary of State, the latest news in a string of personnel changes at the White House. Tillerson's departure as secretary of State followed a series of public disagreements with Trump.
The president also said he is looking at CNBC senior contributor Larry Kudlow "very strongly" for the role as top economic advisor.
Cramer said having both Pompeo and Kudlow, a confidant of Trump and longtime economist, in the White House would be an interesting dynamic.
"It's good cop, bad cop" on globalism, Cramer said, a day after he reported that Kudlow is the leading contender to replace Gary Cohn as the president's top economic advisor.
Tillerson stood for free trade and commerce, while Pompeo has equated China with Russia, Cramer added.
"If you're China, you're probably sitting there thinking, 'What is [Trump] doing?" said Cramer, the host of CNBC's "Mad Money."
Cramer added having Tillerson in the role as secretary of State "stood for a bizarre form of business globalism that is obviously not in sync anymore with where the president is going."
CNBC
