Question

The potential of a trade war has sent turbulence in the financial market as President Trump has asked for additional tariffs on $200 billion imports from China. Why is Warren Buffett so confident that the tension will be resolved? Why is he not worried about trade wars??

Answer 1

The potential of a trade war has sent turbulence in the financial market as President Trump has asked for additional tariffs on $200 billion imports from China. But Warren Buffett is so confident that the tension will be resolved he is not worried about trade wars because as we know Warren Buffett is a big investors they think that Trade wars are held time to time but mostly all the countries are do that which is in the interest of both They never ever take a decision which can affect the econmic condition of their countries.

Warren Buffett said that he does not think that any country will harm himself means they dig themselves They also said that they dont think that a trade war start and after that continues All the trade war gets stopped very early. He also said about the Berkshire Hathaway 2018 annual shareholders meeting held on May 5. They also said that many trade wars are also happened in future but all gets stopped This dont take away out in a very danger situation. Warren Buffett said that the trade benefits are of very large amount All the world dependent on it . he said that i dont think any country can do this foolish activity