Subject: Re: Brk annual meeting questions,
Apologies if this is a repeat post of below article. It's Buffett's remedy in 2003 to the growing trade deficit. One of the questions at the annual meeting could me to remind of of this article and suggested remedy and ask for a revised answer 22 years later!

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America's Growing Trade Deficit Is Selling The Nation Out From Under Us. Here's A Way To Fix The Problem--And We Need To Do It Now.
(FORTUNE Magazine)
By Warren E. Buffett, Carol J. Loomis
November 10, 2003
(FORTUNE Magazine)

My remedy may sound gimmicky, and in truth it is a tariff called by another name. But this is a tariff that retains most free-market virtues, neither protecting specific industries nor punishing specific countries nor encouraging trade wars. This plan would increase our exports and might well lead to increased overall world trade. And it would balance our books without there being a significant decline in the value of the dollar, which I believe is otherwise almost certain to occur.

https://money.cnn.com/magazine...

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