Post #15731 by hclasvegas on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (1)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

“ But what really stood out wasn’t the numbers — it was the tone. In its official filing, the company warned that President Trump’s newly imposed tariffs on goods from Mexico, Canada, and China pose a real threat to its businesses.

“It is reasonably possible there could be adverse consequences on most, if not all, of our operating businesses,” Berkshire wrote in its Q2 earnings report.

Buffet put it more bluntly and called tariffs “an act of war, to some degree,” in a recent interview with CBS's Norah O'Donnell.

“Over time, they are a tax on goods. I mean, the tooth fairy doesn’t pay ’em! And then what? You always have to ask that question in economics. You always say, ‘And then what?” https://finance.yahoo.com/news/berkshire-hathaway-...

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (1)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.