CNBC host Jim Cramer said Tuesday that the falling stock market is a “screaming” warning to Donald Trump to change course when it comes to his tariffs. After explaining the recent decline in consumer confidence,

U.S. President Donald Trump defended his use of tariffs and said they could multiply as he met on Tuesday with the CEOs of America's biggest companies, many of whom have watched their market value crater over recession and inflation fears.

Few can question the fact that the proposed Trump tariffs have rattled investors. Such levies increase the cost of doing business. Hence, with the uncertainty surrounding when tariffs will be implemented or how much they will cost businesses and consumers, most stocks have fallen in recent trading sessions.