Cramer: US-China trade talks is now more about a 'trust gap' than the 'trade gap'

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Jim Cramer explains why he thinks President Donald Trump plans to leave tariffs in place and why the Federal Reserve helped in his trade standoff with China.

Trade negotiations between the United States and China have boiled down to whether President Donald Trump can trust the Chinese or not, CNBC's Jim Cramer said Wednesday.

"The hardliners have the upper hand, people, especially after today's statement from the Federal Reserve that inflation is negligible and the economy's fine—not too hot, not too cold," Cramer said."If the tariffs were really hurting commerce in this country, it would be a different story, but they're just not having that much of a negative impact."

 

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Cramer’s bears stumble into massive bear trap, stampeding bulls and squealing hogs win! Spiders flying off the shelves! $SPY MarketWatch

Why does anybody think China is going to do anything that doesn’t fit within their plan and timetable. Forget about it.

I wouldn't trust a China Man.

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