CNBC’s Jim Cramer on Monday said President Donald Trump has the upper hand in trade talks with China and that the country would have to bend a bit to stop tariffs from going higher. “At the end of the day, the People’s Republic needs our commerce a lot more than we need their commerce,” the “Mad Money” host said. “The United States is a cash-fueled economy, the PRC is a debt-laden house of cards. They need our money, but do we really need their cheap stuff?” Despite Trump’s threats to increase the tax on $200 billion worth of Chinese imports to the United States from 10% to 25%, the market sell-off was not as brutal ... (full story)