„Be gready when others are fearful“We probably all have heard this famous Quote at some point from Warren Buffett. Today is one of these days imo to remember it! Trump declared a huge list of tarifs lst night against almost every major economy: China, India, Eurpean Union, Switzerland, South Korea, you name it. This will establish bigger barriers for world trade and certainly make things more expensive, both for companies and consumers. Effects on prices and profit margins will follow.