Subject: Berkshire and Tariffs
How do people see the tariffs impacting Berkshire? I believe they aren’t some temporary game being played to bully trade partners and create a putative tax basis for Trump tax cuts. Rather I think this is the first step in implementing the economic plan of American Compass. As such, I think the tariffs will be in place for a long time, and that they will be amped up if our partners retaliate. Assuming the will be in place, how goes Berkshire?