The legendary investor said he doubted the US and China would be so 'extremely foolish.' Since those remarks, the trade war has intensified.
Warren Buffett was off the money when he predicted there wouldn't be a trade war between the US and China.
However, China plans to hike tariffs on American goods in June after the US raised duties on Chinese products last week. Trump is also preparing to expand tariffs to a further $300 billion of Chinese goods.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett and Barack Obama both recommend this book, which Buffett calls 'sensational'Both former President Barack Obama and Berkshire Hathaway CEO Warren Buffett have been enthralled by the same book this spring: 'The Moment of Lift: How Empowering Women Changes the World,' by Melinda Gates.
Read more »
Elon Musk hits back at Warren Buffett after he knocked Tesla's plans to sell insuranceWarren Buffett hasn't shied away from criticizing Musk's plans to sell insurance.
Read more »
Buffett Sees a Lot to Dislike in U.S. CompaniesWarren Buffett and his longtime partner, Charlie Munger, criticized overpaid board members who lack independence and committee meetings that waste time. They also assailed management incentives at Wells Fargo that contributed to scandals.
Read more »
What Warren Buffett, Kevin O'Leary and other experts say to do when the market tanksStocks fell sharply on Monday: The Dow Jones Industrial Average dropped 700 points before beginning to recover. But for the average investor, there's no need to panic. Here's what experts, including Warren Buffett and Kevin O'Leary, say to do when the market crashes.
Read more »
Billionaire Warren Buffett has a 'simple' test for making tough decisions—here's how it worksBillionaire Warren Buffett has a 'simple' test for making tough decisions—here's how it works (via CNBCMakeIt)
Read more »
Charlie Munger: America's health care system is a 'national disgrace'The U.S. health care system is a “national disgrace” and should be replaced with a single-payer model, says Charlie Munger, the right-hand man of Berkshire Hathaway CEO Warren Buffett.
Read more »
Here Are Warren Buffett's Most Inspirational QuotesHere are Warren Buffett's 10 most inspirational quotes on money, investing and life:
Read more »
Here Are Warren Buffett's Most Inspirational QuotesWarren Buffett is the Oracle of Omaha. Here are his 10 greatest quotes.
Read more »
What Warren Buffett’s Teacher Would Make of Today’s MarketThe man who taught Warren Buffett probably wouldn't have known what to make of a company like Amazon
Read more »
Buffett on health care initiative: We'll do our best - CNN VideoWarren Buffett tells CNN's Poppy Harlow that he, Jamie Dimon and Jeff Bezos are working together to improve healthcare in America.
Read more »