Tariffs on all imports will be horrendous for the economy, says Jim Cramer
Portfolio Pulse from
Jim Cramer, host of CNBC's 'Mad Money', expressed strong concerns about the potential implementation of tariffs on all imports, suggesting such a move would be extremely detrimental to the overall US economy. Cramer's commentary highlights potential widespread economic disruption and negative market implications.
April 02, 2025 | 12:15 am
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NEGATIVE IMPACT
Comprehensive import tariffs could negatively impact market sentiment and economic growth expectations, potentially causing broad market index ETF like SPY to experience downward pressure.
Universal tariffs would likely reduce economic efficiency, increase consumer costs, and potentially slow economic growth, which would negatively impact broad market indices.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80