Trade Talk Between United States and China

(February 14, 2019) The legendary Charlie Munger joins CNBC's Becky Quick to share his expertise of China. They discuss the on-going U.S.-China trade talks, what he thinks of President Trump's calls about making sure free trade is fair, and other geopolitical tensions in the world.

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On Trade Tensions

Warren Buffett stated the fact that the cost of steel increased in the past few weeks, but Warren Buffett does not think that the trade tensions between the United States and China will dig each other into something that precipitates and continue any kind of real trade war in this country.

Trade War with China

Warren Buffett and Charlie Munger remain optimistic that both nations will be smart enough to realize that the last thing both nations should do is have any ill will for the other.

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