Reference Message Network reported on May 4th according to a comprehensive report from Taiwan Central News Agency on May 3rd based on foreign media. Warren Buffett, the American "oracle of Omaha," told shareholders that the United States should not "treat trade as a weapon" on May 3rd.
Reportedly, Buffett made the remarks at the annual shareholders' meeting of Berkshire Hathaway held in Omaha, Nebraska.
Although he did not name anyone specifically, it was clearly aimed at Trump. As he delivered these remarks, both the U.S. and overseas analysts were increasingly worried that tariffs could severely hinder global economic growth.
Two months ago, when Buffett accepted an interview with CBS, he stated that tariffs are "taxes on goods" rather than a relatively painless source of revenue as Trump claimed. He also said, "I mean, the tooth fairy won't pay for this!"
At 94 years old and still managing his corporate conglomerate, Buffett urged Washington to continue trading with other countries. "We should do what we are best at, and they should do what they are best at. That's how it started."
He said prosperity is not a "zero-sum game," one country's success does not mean another's loss, and both countries can flourish.
Buffett said, "I do believe that the prosperity of other countries in the world will not come at our expense; the more prosperous we are, the safer we feel." He also said that it is dangerous for a country to claim superiority while offending the rest of the world.
Buffett said, "If 7.5 billion people dislike you and only 300 million people praise how well you're doing, in my view, that would be a big mistake."
Original article: https://www.toutiao.com/article/7500404522490151465/
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