Jim Cramer acknowledges that the trade wars could hurt retailers' profits. However, he has stock picks for companies in the sector that will survive the crisis well and flourish once the effects of high tariffs subside.

Large-cap companies, or those with market capitalizations of $10 billion or more, are generally thought of as more appealing than small-cap companies. That is because these $10 billion-plus businesses have proven models and typically have survived previous economic downturns.