« Mad Money » host Jim Cramer sits down with PVH CEO Manny Chirico to talk tariffs, China and the company’s earnings results.
The CEO of retailer PVH is a little more optimistic these days about the ongoing tariff rhetoric between the United States and China.
In an interview with CNBC’s » Mad Money » host Jim Cramer on Wednesday, Manny Chirico said, « It feels like cooler heads will prevail. »
On Tuesday, the Trump administration said it will continue pursuing trade action on China. By June 15, the U. S. will release a list of about $50 billion worth of Chinese goods that will be subject to a 25 percent tariff, the White House said in a statement.
The announcement comes days after Washington and Beijing announced a tentative solution to their dispute, which eased concerns about a possible trade war.
The escalating trade war between the two nations saw President Donald Trump threaten to impose tariffs on up to $150 billion on Chinese goods, while China warned of equal retaliation.
