Cramer warns investors that believing China over Trump on trade is dangerous and costly

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"I'm aghast we trust the People's Republic of China more than we trust the White House," Cramer said on "Squawk Box." "The predominance of coverage this morning is that the President is lying. I'm not willing to say that he's lying. We can doubt him, but in the end we're doubting a guy that didn't want the market to crash."




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