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Buffett warned about trade deficits in a 2003 Fortune op-ed and proposed ‘import certificates’ but says trade should not be a weapon

Berkshire Hathaway CEO Warren Buffett was asked about his 2003 Fortune op-ed where he called for “import certificates” to rein in trade deficits. He admitted the idea was “gimmicky,” but it’s better than the current state of trade, alluding to...

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