[Music] Hey, I'm Kramer. Welcome to Money. Welcome to Craig America.I've been my friends. Geez, I'm just trying to save a little bit of money here. Uh, my job is not just to entertain, to educate, put in context.So, call me at 1800743 CNBC or tweet me at Jim Kramer. Tariffs do matter. They raise prices almost immediately.If you slap a 25% tariff on all the cars and trucks we import from Korea and Japan, you're talking about roughly 17% of the vehicles sold in the US last year. Today, President Trump did pre ...

Tariffs do matter. They raise prices almost immediately. If you slap a 25% tariff on all the cars and trucks we import from Korea and Japan, you're talking about roughly 17% of the vehicles sold in the US last year.Today, President Trump did precisely that, which would be a 25% price increase on about 16 of the US auto market. And that's on top of the existing tariffs on everything from Japan and South Korea. Now that's big enough to cause some inflation which is a major reason why the averages rolled over ...

Time for the final trade. Tim, taking advantage of the weakness in the EWZ in Brazil on this whole brick snafu. I think you're buying Brazil, Karen.Yes, we just talked about it. I like Alibaba. It's down a lot from its March high.And we'll see earnings in Jul in August. I like it. Dan, well, she just talked about it.I think K web's okay here. All right, Stephen. Walmart sounds very boring, but it's been building a base since late April.Walmart. ...

Healthcare strategist Jared Holes joins us here on set for more. A breakout in the offing in biotech. Are you serious.Because you've been so negative for so long and so have investors. It's been admittedly a a super tough sector to call really either way, right. Because you've got hundreds of publicly traded stocks that in aggregate really don't sum up to anything, right.You got a lot of negatives, a lot of positives. I think for that reason it's been tough to make a broader industry call. But I just feel l ...

Well, one of the investors profiled in the Big Short is not worried about the size of the budget deficit. Steve Eisman is host of the Real Eisman Playbook podcast. He's former senior portfolio manager at Newberger Burman.He joins us here on set. Um Steve, you said this before. It doesn't matter.People have been running against us for decades. 40 years. 40 years.When do you think will it. You know what I say about all this. Just stop.God's sake. You know, I'm gonna say this. Maybe it's a little too obnoxious ...

Well, I think one of the things that we know is that one of the huge costs of developing uh energy on federal lands in particular was all the regulation whether it was environmental species act uh whe whether it was NEPA which is being reform reformed uh getting all the permitting done on federal land it discouraged capital investment we know that uh even some of the studies that have been done in the perian uh by companies like Morgan Stanley have showed that if you've got a private lease you might be four ...

What is the biggest threat to national security. When Admiral Michael Mullen was asked that very question back in 2010, his answer shocked the nation. I responded that the most significant threat was our national debt, which was a bit of a surprise.Admiral Mullen served as the chairman of the Joint Chiefs of Staff under presidents George W. Bush and Barack Obama. Since then, the national debt has nearly quadrupled.Well, experts have warned that when a government spends so much related to its debt load, it c ...

Um, speaking of sector impacts, BFA out with a note today looking at the impact of retailers of tariffs on Vietnam. While the levies announced last week put pressure on profits, analysts say the announcement provides some certainty ahead of the holiday order season. Joining us all here on set is the analyst behind the note, Lorine Hutchinson.Lorine, great to have you with us. Hi, thanks for having me. Thanks for coming down the block.Welcome you. It's humid outside, so it's it's a trek. Um, in terms of, you ...

Well, it was a combination of we now have headline risk, right. We just don't know that there's going to either be followthrough on where we are. The nice as as Megan referred to, we have this implicit extension.Seems like we actually got an August one extension is the good news today, but that there are definitely places where the administration is going to dig in. Japan and South Korea are really important trading partners. I'm sorry.Um, I understand that the European Union and China go ahead of them, but ...

Okay, we're talking about co-mingling, which would allow oil and gas to that's produced from different reservoirs to be using the same well pad. Why is this meaningful. How does it boost production.Well, Morgan, uh co-mingling from different uh different sources is with something we've already put in place for offshore. Today's announcement deals with onshore, but it's not uh just different reservoirs. It's about the fact that the federal government has had such outdated rules that right now unless it was t ...