Buffett criticizes Trump tariffs, says ‘trade as a weapon’ should not use

Legendary investor Warren Buffett President Donald Trump rails on Saturday and the president against the tariffs of a wild road rolled by them.

Bafthire General Director Hathaway, 94, Buffett, criticized Trump management The use of tariffs as a trading strategy, has global markets in international relations and stable global markets working as “weapons.”

“It’s good for a balanced world of trade” and “there should be no trade weapons,” Buffett, Berkshire Hathaway’nın Omaha State Omaha State Omaha State OMAHA State Hillary Clinton, including Nebraska, who attracts 40,000 people.

Warren Buffett says the tariffs are economic ‘war act’: ‘Dental tale’ em ‘does not pay’

“I don’t think it’s a good idea to design a world of several countries, Ha Ha Ha, we won.” “I think the rest of the world is how prosperity … how prosperity we will be.”

Omaha Oracle “stressed the importance of balanced and mutually beneficial trade for all countries.

“You have 300 million, who said they have 7.5 billion people who do not love you very much,” the buffet added.

“We must seek to trade with the rest of the world. We must do the best and they must do the best.”

Trump claims that his tariffs motivated by making a trademark for the United States.

However, despite the concerns of the US economy and the country itself, Buffet protected traditional optimism of the buffet, politics and self-criticized people with criticism.

“We are always in the process of change,” he said. “I wouldn’t be discouraged … we are all pretty.”

Warren Buffett, annual letter, Berkshire Hathaway’s Success Touchs

It is not the first time that the legendary investor is called for the first time against tariffs. In March, Trump’s officials are in front of Tariff announcementThe buffet said. Tariffs noted the “act of war” to some extent “and the United States are many practices.

“Over time, they are taxes to the goods. I want to say that the tooth Fairy is not paying ’em’!” Buffett said jokingly. “And then what? You should always ask this question in the economy. You always say,” And then? “”

Berkshire HathawayGEICO, Milk Queen, Apple, Coca-Cola and American Express, a massive holding company, including the first quarter, the first quarter, the first quarter said in the first quarter, a significant decline in profit in the first quarter, in the previous year.

The worked earnings fell from $ 9.6 billion to $ 9.6 billion, including insurance losses that are not leaking in stocks like Apple, the South California is the main factor of the company.

BNSF railway, which has the majority of Berkshire, saw the improvements.

The cash level of Berkshire has increased from $ 334.2 billion by the year. The company did not purchase any stock for the third straight quarter and the net seller of shares for the 10th straight quarter.

Buffett, Berkshire’s concerns about the cash money, saying the company’s “approach”, “approached $ 10 billion”, but this shopping opportunities do not arrive in a regular way. He must happen for five years, he said, but it’s not necessarily tomorrow.

Warren Buffett, annual letter, Berkshire Hathaway’s Success Touchs

Berkshire’s share price has so far increased by the turbulent period of markets, increased by 18.9%, and 500 of the standard and the poor are 3.3%.

Buffett has once again confirmed its commitment to Berkshire’s host until the permission of his health. He said he had continued to enjoy investing and had no plans to retire.

Reuters contributed to this report.