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CNBC’s Jim Cramer on Monday said he expects “more capricious behavior” from President Donald Trump as the 2020 race for the White House heats up.
“His poll numbers at at a two-year high, so he’s lost interest in what’s happened in the stock market,” Cramer said on “Squawk on the Street.”
The latest shock, Cramer said, was Trump’s threat last week to place 5% tariffs on all Mexican goods, starting June 10, if Mexico doesn’t substantially curb illegal immigration to the U.S.
“I don’t know where he’s going to strike next,” the “Mad Money” host said. When Trump announced the tariffs May 31, Cramer said the threat was “all kind of astonishing.”