Cryptic crossword clue
Salesmen pinching hat? Treacherous people! 8

The most common and most likely answer to this crossword clue is the 8 letter word REPTILES

I've seen this crossword clue in Financial Times
R
E
P
T
I
L
E
S

Buddy explains!

The straight part
We know that "Treacherous people!" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case treacherous people! = reptiles.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does REPTILES mean?

REPTILES noun
  1. A cold-blooded vertebrate of the class Reptilia.
  2. A mean or grovelling person.

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