Thursday, March 6, 2025

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Bolton Says Trump Has Put U.S. On Wrong Side of Russia-Ukraine War, You Agree?

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Trump Declares Trade War

In a recent interview with CBS News, Warren Buffett described tariffs as akin to an "act of war," reflecting on their historical usage and economic implications. He highlighted that tariffs, while a policy tool, act as a consumer tax and cautioned about their unintended economic consequences. The interview coincided with President Trump's announcement of imposing 25% tariffs on Canada and Mexico, following failed negotiations over drug trafficking concerns at the border. Buffett, speaking during a documentary on Katharine Graham, chose not to speculate on broader economic outcomes, acknowledging the significant impact of his financial opinions.

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