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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sykesix ✭  😊 😞
Number: of 22354 
Subject: Re: Berkshire and Tariffs
Date: 04/03/25 6:06 PM
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IMHO the endgame is just what has been stated: stopping the asymmetric tariffs where other countries put a grossly high tariffs on US goods but the US has a low or no tariff on goods from them.

But that isn't true. USMCA (which by the way was signed into law by Trump) sets tariffs between the US, Canada, and Mexico at the same rate, with some minor exceptions.

Similarly, if a country is a member of the WTO, they have to extend the same tariffs to all other WTO nations, again with some minor exceptions. The notion the US is somehow getting singled out is pure fiction.
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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