Cramer: If you own shares in companies with business in China, you should be worried [CNBC]
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Source: CNBC
show chapters The U.S.-China trade war is top of mind for investors, and after interviewing U.S. National Economic Council chief Larry Kudlow , CNBC's Jim Cramer is worried it could get worse. Anyone who watched my old pal Larry go off on China knows that if you own shares in the companies that are thought to be dependent on China — and I'm talking about a Boeing , a Caterpillar , United Technologies , Emerson [or] so many others — you've got to be quaking in your wingtips, the Mad Money host said. U.S.-based industrials like these rely on China for business. The Chinese market accounts for roughly 12 percent of Boeing's revenue, 10 percent of Emerson's, 5 percent of Caterpillar's, and 3 percent of United Technologies', according to FactSet. China’s not ready to capitulate, and this trade war could get worse before it gets better, Cramer, who spoke with Kudlow at CNBC's Delivering Alpha conference, said on Wednesday. Kudlow, P
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