Jim Cramer explains why the White House sent Wall Street into a panic
1. Cramer links Trump's tariff policies to recent market declines, causing investor panic. 2. S&P 500 dropped 2.7% amid fears of a recession driven by tariffs. 3. Investors uncertain as Trump's focus shifts from markets to populist ideals. 4. Cramer advises buying low multiple techs and industrials; avoid top tech stocks. 5. New competition from a Chinese AI startup adds to Wall Street's anxieties.