'Timing couldn't have been worse' for the Trump administration to issue bans on China: Jim Cramer
"I can't fault the Commerce Department for cracking down on Chinese companies that enable some horrific human rights violations, but they did kind of pick a worst possible time to do it, right before the big trade talks," CNBC's Jim Cramer says.
"Don't do anything outrageous, don't try anything fancy and wait. Wait for a better moment when it no longer feels like China's in the balance," he says. that American enterprises are banned from doing business with. With U.S.-China trade talks scheduled to resume later this week, the major stock market indexes all fell more than 1% during the trading session.
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