Josh Holmes, the podcast host, will lose weight after President Donald Trump went to social media to explain his plan to implement tariffs and discuss Elon Moscience's statements at the first cabinet meeting.
Legendary investor Warren Textile In a rare media interview released on Sunday, he discussed the economic impact of tariffs.
Text with interview CBS News' norah o'donnell As part of the documentary about the Washington Post publisher, Catherine Graham, and the legendary CEO of Berkshire Hathaway, spoke about the economic impact of the Trump administration's waiting tariffs.
“The tariffs, in fact, we have had a lot of experience with them,” he said.
“Over time, they are taxes on the goods. I mean that fairy tooth does not pay!” Buffet joked. “And then what? You should always ask this question in the economy. You always say,” and then what? “
Warren Buffett, in the annual letter, success of Berkshire Hathavi
Warren Buffett, CEO of Berkshire Hathaway, said tariffs are like the “war operation” that ultimately act as taxes. (Photographer: Christopher Gaden / Bloomberg through Getty Images / Getty Images)
Baft statements are raised as President Donald Trump It is expected to impose a 25 % tariff on imported goods from Mexico and Canada on Tuesday with an additional 10 % tariff on Chinese goods and postpone the last minute of the White House.
Trump has proposed to create “foreign income services” to collect those tariffs, which he said is paid by overseas people. However, importing companies are responsible for paying Tariff feeWhich is currently collected by the Customs Agency and the Protection of the US Borders.
Warren Buffett uses US stocks, Japanese investments
Buffett's remarks on new tariffs are waiting for President Trump's waiting tariffs on China, Canada and Mexico. (Photo by Kevin Dietsch / Getty Images / Getty Images)
Odonel of the texture about the situation US economyBut he refused directly in his weight.
“Well, I think this is the funniest thing in the world, but I won't talk, I can't talk about it,” he said.
| Tick | Security | The last | Change | Changing % |
|---|---|---|---|---|
| brk.a | Berkshire Hathaway Inc. | 764,670.68 | -10,329.31 |
-1.33 % |
| brk.b | Berkshire Hathaway Inc. | 509.81 | -4.15 |
-0.81 % |
He also asked about his view of investment in the United States, saying that this main destination would always be from his portfolio.
“Most of the money I manage will always be in the US,” Baft said. Asked why this is the issue, he replied, “This is the best place! I was lucky to be born here.”
Warren Buffett's annual letter to Berkshire Hathaway shareholders: Read here
Baft said he intends to invest the majority of his money in the United States (Photographer: Houston Kofield / Bloomberg via Giti Pictures / Getty Pictures)
Berkeshire Hathavi He recently released its annual report for 2024, which included a letter from the text in which he talked about the company's large cash sources and his priority for investing in stocks.
“Despite what some commentators are currently regarded as an extraordinary cash position in Berkeshire, the majority of your money remains in their stock,” he said. “This preference will not change. While our ownership of the sale of the sale last year from $ 354 billion to $ 272 billion moved down, our uncontrolled stock value has increased somewhat and much greater than the sale market value.”
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“Berkeshire shareholders can make sure that we will forever establish a significant majority of our money in our stocks-most of these, although many of these are international importance. Berkeshire never prefers ownership of cash equivalent assets than good job ownership, whether it is controlled or just.”