China is learning to live without us, says Jim Cramer

Core Viewpoint - The recent volatility in the market was triggered by the U.S. President's threat of a 100% tariff on Chinese goods, which was later softened, leading to a significant market recovery [1][2][3]. Market Reaction - Following the President's initial threat, the market experienced a sharp decline, but rebounded strongly with the Dow gaining 588 points, S&P climbing 1.56%, and NASDAQ jumping 2.21% after the President reassured that talks with China were back on [2]. Trade Dynamics - China's exports to countries other than the U.S. increased by nearly 15%, while exports to the U.S. fell by 27%. Despite this decline, China's total exports rose by 8% in September, indicating a potential adaptation to reduced U.S. trade [4][5]. Political Rhetoric - The President's softened rhetoric over the weekend suggested a more optimistic outlook on U.S.-China relations, contrasting sharply with the earlier threats of tariffs [5][6].