Subject: Re: Berkshire and Tariffs

Long term use of tariffs IMO can only result in:
1. Higher inflation
2. Devaluation of the dollar
3. Lower standard of living for most Americans (I think this has been happening for a few years now).

Also with Trump's "interesting" decisions, I believe it has caused a lot of money to flow to non-US markets which will continue a downward trend of the market. People want stable, consistent, and sensible policies. That we don't see now.

Rich