«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.
