'The economy may be in good shape now, but if we keep getting more and more tariffs it could deteriorate,' Jim Cramer says.
Business has also slowed down in lumber, natural gas, autos, rail traffic and freight costs, Cramer said.
President Donald Trump, who planned a series of new tariffs on Chinese imports to go into effect Sept. 1 and Dec. 15, this week ordered the independent Fed to slash the benchmark interest rate by 100 basis points.
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