Warren Buffett: trade war would be bad

Published May 6, 2019 185 Plays $0.07 earned

Rumble / Trending News(Reuters) - Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.” FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan Buffett spoke after U.S. President Donald Trump tweeted on Sunday that he will raise tariffs on $200 billion of Chinese imports to 25 percent from 10 percent beginning on Friday, and “shortly” slap a 25-percent tariff on $325 billion of Chinese goods that have not been taxed.