Trump’s Sweeping Tariffs Draw Sharp Criticism and Market Fallout

Jim Cramer labels the policy 'bush league,' citing flawed data and poor execution, as U.S. stock markets react negatively.

President Donald Trump announced a 10% baseline tariff on all imports, with significantly higher rates for Vietnam (46%) and the European Union (20%).
The policy was justified using a chart that reportedly contained false claims about foreign tariffs on U.S. goods.
Major U.S. stock indexes closed sharply lower following the announcement, reflecting investor concerns about the economic impact.
Financial analyst Jim Cramer criticized the tariffs as poorly implemented and based on flawed data, calling the approach 'bush league.'
Cramer, a self-identified fair trade advocate, expressed feeling 'like a sucker' for believing in Trump’s promises of reciprocal trade policies.