Jim Cramer says earnings misses at these 3 companies show Trump tariffs are hitting consumers

Monday - Friday, 6:00 - 7:00 PM ET

As key companies’ earnings fell short on Tuesday, CNBC’s Jim Cramer said investors have begun to realize that President Donald Trump’s tariffs are having an impact on consumers.

“Long story short: today was a wake-up call,” he said. “The tariffs, even reduced tariffs, are starting to roil things. The consumer’s not spending as much as I thought. There is an acknowledged slowdown there.”

The indexes headed lower during Tuesday’s session, with the S&P 500

closing down 0.30%, the Nasdaq Composite