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Warren Buffett was wrong about the trade war

May 14, 2019

The legendary investor Warren Buffett may have a gift for recognizing risks and anticipating disasters, but he was off the money when he predicted there wouldn’t be a trade war between the US and China.

“I don’t think either country will dig themselves into something that precipitates and continues any kind of real trade war,” the so-called Sage of Omaha said at Berkshire Hathaway’s annual shareholder meeting in May 2018.

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