Jim Cramer Warns Of 'Acknowledged Slowdown' As Trump Tariffs 'Starting To Roil Things' After UPS, Whirlpool, Stanley Black & Decker Miss Earnings
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Jim Cramer warned that President Trump's tariffs are impacting consumer spending, following disappointing earnings from UPS, Whirlpool, and Stanley Black & Decker. He noted an 'acknowledged slowdown' in the economy, with UPS citing low consumer sentiment and soft manufacturing. Whirlpool missed estimates and Stanley Black & Decker projected significant tariff-related losses. Cramer suggested these results reflect broader economic concerns and indicated that the Federal Reserve may need to consider rate cuts in response to emerging headwinds.
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