BUFFETT: Free trade is 'wonderful' ... but not for everyone
Warren Buffett has weighed in on the free trade debate.
"Free trade is wonderful for the world and the United States. But its benefits are diffused among 320 million people," he said in an interview with CNBC's Becky Quick on Monday. "You buy your bananas cheaper because we don't try and produce them in the United States. But the penalties from free trade are terrible to specific industries."
"And as an investor, I can own — make a dumb decision on owning a shoe company, but if I own a goo
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