Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Warren Buffett, on April 30, 2022 at a press conference during Berkshire Hathaway shareholders.
CNBC
Legendary investor Warren Buffett made a rare comment to the President Donald Trumps Tariffs can cause inflation by saying punitive dues and damage consumers.
“In fact, there are many experience with the tariffs. They have a great experience in a degree,” said Buffett, Conglomeratera Berkshire Hathaway It has large enterprises in insurance, railways, production, energy and retail areas. Made the words In an interview with CBS News Norah O’Donnell For a new documentary film about the late publisher of Washington, Katharine Graham.
“Over time, they are taxes to the goods. I want to say that the tooth Fairy is not paying ’em’!” Buffett said by laughing. “And then what? You should always ask this question in the economy. You always say,” And then? “”
This notes the first community of the first public “Omaha”, 94-year-old in Trump’s trade policy. Trump last week has announced that 25% of the tariffs about import from Mexico and Canada On March 4, it will come into force and China will be charged 10% tariffs on the same date. China promised to take revenge.
Berkshire chair and CEO in the first period of Trump 2018 and 2019 in length About trade conflicts warning that the aggressive actions of republic can lead to negative consequences in the world.
When the CBS was asked about the current state of the economy, Buffett refused to comment on him directly.
“I think this is the most interesting topic in the world, but I will not speak, although I can’t talk about it. I really can’t.”
Buffett, it has been in defensive mode over the past year drives rapidly and raised a record amount of cash. Some are buoys of Buffett’s conservative action as a semisise in the market and the economy, while others are preparing a congestion for their successor by setting up temporary positions and cash.
Sunday variability, a draft economy, an unexpected policy, as well as an economy caused by the total share valuables, was delayed as a change of policy. S & P 500 is about 1% this year.
