“A big mistake …”: Warren Buffett warns that trade

Warren Buffett Donald Trump did not mention the name, but his message at the annual shareholders ’meeting of Hathawaya is unambiguous. He said that slapping definitions on commercial partners is a strategic mistake that alienates the allies and raises global discontent. “Trade should not be a weapon,” Buffett warned, as it was aimed at the comprehensive definitions of the White House that rocked the tense international markets and relations.

“It is a big mistake, in my view, when you have seven and one billion people who do not like you well, and I got 300 million people somehow about how much the quality of their work – I don’t think it is true, and I do not think it is wise,” he said, and he provides the most prominent follower of his approach in the trade war.

After criticism, the sudden of the White House was subjected to the sharp tariff – the highest in a generation – by sending shock waves across the global markets. While President Trump later announced a 90 -day stop for most countries, China has been an exception and deepened tensions.

“I think the more the rest of the world becomes more prosperous, it will not be at our expense,” Buffett added. “The more prosperous, the more safe we ​​feel, the more your children will feel.”

When asked directly about Trump’s protective position, Buffett’s swinging: “We must do what we do better and they should do what they do better. We want a prosperous world. In a country with nuclear weapons, some of them are unstable, I do not think it is a great idea for some countries to say“ and win. ”

When investing, Buffett repeated his belief that active investment is an opportunist in its nature and is not suitable for the negative investor. He confessed to the inability to persist in the market scene.

By moving to real estate, Pavite did not remove the words: it’s more stringent than the stocks. He said: “When you face real estate, you are dealing with more than a few people.” He sees greater potential in stocks, although he admits the emotional value associated with real estate investments.

Since the markets digest the geopolitical uncertainty, Pavite’s voice – now 94 – still serve as a compass for investors. His last lawyer came at a time when the Hathaway report was held in the first quarter of the “Great Uncertainty” of customs tariffs and geopolitical events, adding that the bloc cannot be predicted yet.