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Jim Cramer Warns of Potential 'Black Monday' Market Crash Due to Trump Tariffs

The CNBC host highlights parallels to the 1987 crash and urges immediate policy action to prevent further economic turmoil.

Black Monday: Jim Cramer is known for his outspoken views and hosts the 'Mad Money' show on CNBC.
Jim Cramer on CNBC's Mad Money

Overview

  • Jim Cramer predicts a possible 'Black Monday'-style market crash, citing parallels to the 1987 downturn, as markets brace for a volatile opening on April 7, 2025.
  • The stock market has already seen significant declines, with the Dow dropping nearly 3,900 points across Thursday and Friday following President Trump's tariff announcements.
  • Cramer attributes the turmoil to U.S. tariffs and retaliatory measures from countries like China, warning that inaction by the administration could worsen the situation.
  • Despite the market instability, strong employment numbers provide some reassurance, suggesting that a crash may not necessarily lead to a recession.
  • Cramer calls for President Trump to engage with affected countries and support tariff-impacted companies to stabilize the market and avert further economic damage.