Overseas media reported today (May 4th): "On Saturday (May 3rd), when American 'oracle' Warren Buffett announced his resignation, he indirectly criticized President Trump's trade policy in the middle of his speech, emphasizing that 'trade should not be used as a weapon.' He also warned the U.S. not to isolate itself in the era of globalization, stressing that the deterioration of international relations is the real systemic risk." [Smart] Comment: The elder is still very clear-headed. Buffett knows well that economic stability and development cannot do without openness and cooperation, and using trade as a political tool is no different from lifting a rock only to drop it on one's own feet. In the tide of globalization, the economic interdependence among countries is becoming increasingly closer, and any attempt to protect its own economy through trade barriers may ultimately trigger a chain reaction, damaging the health of the global economy. Buffett's warning is not only a friendly reminder to U.S. policies but also a guide for global investors, reminding everyone to stay clear-headed in the complex and ever-changing international economic environment and pay attention to the real risks.
Original article: https://www.toutiao.com/article/1831156639216643/
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