Cramer says Ford and General Motors are big winners after Biden raises tariffs on Chinese imports
FFord Motor(F) CNBC·2024-05-15 06:38

CNBC's Jim Cramer said investors should look past the "meme stock" wave on Wall Street and instead turn attention to the Biden Administration's Tuesday announcement that it would issue stiff tariffs on Chinese imports, which he thinks will especially benefit automakers. "Not only does this tariff protect American car companies from cheap Chinese electric vehicles, it also means that their regular vehicles — their regular cars and trucks and hybrids — will benefit, too," he said. "I like this policy, but eve ...