Warren Buffett believes U.S.-China trade dispute could escalate, but he doesn't think it will - CNBC

Market news

6 May 2019

Warren Buffett believes U.S.-China trade dispute could escalate, but he doesn't think it will - CNBC

In a CNBC interview, Warren Buffett says:

He can not gauge how U.S. and China will resolve the trade dispute
He still believes a trade war will be "very bad" for the world
Reaction in markets to news overnight is "rational"

Company News: Tyson Foods (TSN) quarterly results beat analysts’ expectations

Donald J. Trump‏@realDonaldTrump: "The United States has been losing, for many years, 600 to 800 Billion Dollars a year on Trade. With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!"

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.