Warren Buffett says U.S. shouldn’t use “trade as a weapon,” as Trump has done with tariffs

Investor Warren Buffett told thousands of Barkshire Hathaway shareholders on Saturday that the United States should not be used as “trade weapons” and the rest of the world like President Trump should not be angry at the rest of the world Customs that spreads the world marketThe

At the beginning of the meeting of the 94 year old Buffetteer, everyone said, “When you have .5.5 billion people who don’t like you very well, and you have 300 million people who have 300 million people who have worked,” this is a big mistake in my view. “

Although Buffett said that trade between countries is best to be balanced, he doesn’t think that Mr. Trump is on the right path with him Extensive tariffThe He said the world would be safe if the country is prosperous.

“We should try to trade with other parts of the world in the world. We should do whatever we do is to do what we should do and they should do what they should do,” he said.

The United States has been through revolutionary change since its birth and the promise of equality for all, which has not been fulfilled a few years later, said Buffett. However, what is going on today has not changed its long -term optimism about the country.

Buffett said, “If I was born today I would continue to discuss the womb until they say ‘you can stay in the United States,” Buffet said.

The tariffs were the top issues that the shareholders asked the CNBC Reporter who had sent the questions earlier who would grill Buffett and his top two directors all day. But investors will also look for him to explain why $ 347.7 billion is sitting in cash in Berkshaire.

Buffett said that he could not see many attractive prices in these days, but he predicted that one day Berkshire “would burst bombs that we would be happy to have in cash for us.”

The meeting attracts about 5 people, including celebrities and well -known investors. Hillary Roadham Clinton was present this year. Clinton was the last candidate Buffett has publicly backedBefore Berkshaire’s traders are afraid to hurt politics and other controversial issues before they move away.

Participant Hybo Liu traveled from China and camped overnight outside the arena to be first in line on Saturday morning.

“He helped me a lot,” Liu said. “I really want to thank him.”

Liu said he expressed concern that Buffett could be the last meeting this year, so he made it as a priority to attend.

Buffett, who has been leading Berkshire Hathao for 5 years, has long stated that he has no plans to retire because he has enjoyed determining where to invest more of Berkshire. He is planning to continue working until he dies or is disabled. He is in good health, though he used a cane and within a few hours this year he shortened the questionnaire of the meeting.