President-elect Trump announced plans to impose tariffs on goods from Mexico, Canada, and China on his first day in office, triggering market reactions. The dollar rallied, while Asian and European markets declined. Experts offered mixed views, some seeing it as a negotiating tactic, others expressing skepticism about its effectiveness.
Buffett says US shouldn’t use “trade as a weapon” as Trump has done with tariffs
While Buffett said it is best for trade to be balanced between countries, he doesn’t think Trump is going about it the right way with
May 3, 2025