news

24012 readers

728 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago

MODERATORS

Alaskaball@hexbear.net

ZoomeristLeninist@hexbear.net

carpoftruth@hexbear.net

Breath_Of_The_Snake@hexbear.net

context@hexbear.net

Infamousblt@hexbear.net

FALGSConaut@hexbear.net

Trump tariffs: Buffett says US shouldn’t use ‘trade as a weapon’ (www.scmp.com)

submitted 3 days ago by RedStarOS@hexbear.net to c/news@hexbear.net

1 comments fedilink hide all child comments

Free part of article

Investor Warren Buffett told thousands of Berkshire Hathaway shareholders on Saturday that the United States should not use “trade as a weapon” and anger the rest of the world like US President Donald Trump has done with his tariffs that roiled global markets.

“It’s a big mistake in my view when you have 7.5 billion people who don’t like you very well, and you have 300 million who are crowing about how they have done,” Buffett said as he addressed the topic on everyone’s mind at the start of the shareholders meeting.

While Buffett said it is best for trade to be balanced between countries, he does not think Trump is going about it the right way with his widespread tariffs. He said the world will be safer if more countries are prosperous.

“We should be looking to trade with the rest of the world. We should do what we do best and they should do what they do best,” he said.

America has been going through revolutionary changes ever since its birth and the promise of equality for all, which was not fulfilled until years later, Buffett said. But nothing that is going on today has changed his long-term optimism about the country.

“If I were being born today, I would just keep negotiating in the womb until they said, ‘You could be in the United States,’” Buffett said.

top 1 comments

sorted by: hot top controversial new old

[–] Leegh@hexbear.net 1 points 3 days ago

Kinda makes me wonder if Buffett’s saying this to protect his own personal investments which are being threatened by the tariffs, or if he has some idea in mind as to how to do US imperialism better.

Also very typical liberal double standards to say the US shouldn’t weaponize trade when he was fine with Afghanistan and Russia being sanctioned under Biden, or any other country slapped with pre-existing sanctions decades before Trump.