CNBC’s Jim Cramer says investors should take note as China adapts to reduced U.S. ties, while U.S. markets show signs of recovery.
Breakdown
- The US president threatened 100 percent tariffs on Chinese goods after China restricted rare earth mineral supplies. 22s
- The president later reassured that US-China relations were fine, causing a market rebound. 28s
- China's exports to destinations other than the US grew nearly 15 percent, while exports to the US fell 27 percent. 1m 21s
- Despite the drop in US-bound exports, China's total exports rose 8 percent, the highest of the year. 1m 29s
- Cramer suggests these trends indicate China is learning to live without US trade. 1m 32s