Why Buffett is worried about US-China trade war

Warren Buffett said on Monday that a trade war between the United States and China would be "bad for the whole world."Buffett spoke after US President Donald Trump tweeted on Sunday that he will raise tariffs on $200 billion of Chinese imports to 25 per cent from 10 per cent beginning Friday, and "shortly" slap a 25 per cent tariff on $325 billion of Chinese goods that have not been taxed.

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