Mad Money w/ Jim Cramer cover image

Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 3/4/25

Mar 5, 2025
Jason Liberty, the President and CEO of Royal Caribbean Group, shares keen insights on the cruise industry's resilience amidst trade tariff concerns and vibrant prospects for growth. He discusses innovative strategies aimed at boosting earnings and enhancing customer experience. Greg Ebel, President and CEO of Enbridge, offers a deep dive into the implications of tariffs on the Canadian energy market and the importance of industry agility. Together, they tackle market fluctuations and explore the intersection of energy and trade in today’s economy.
44:17

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Quick takeaways

  • The recent implementation of tariffs has created market uncertainty, making it crucial for investors to adopt a cautious approach to investing.
  • Tariffs disrupt established trade agreements, raising doubts about the long-term benefits of international partnerships and impacting market dynamics.

Deep dives

Impact of Tariffs on Investment Strategy

The recent implementation of tariffs by the White House has created uncertainty for investors, particularly regarding who will bear the costs associated with these tariffs. Buyers of goods imported from Canada, Mexico, and China are left questioning the payment process and whether they will be responsible for a fee at customs or if it will be based on an honor system. This ambiguity translates to wider market volatility, with many corporations unsure of how to incorporate tariffs into their pricing structures. As a result, a cautious approach to investing might be necessary while the situation evolves.

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