https://www.cnbc.com/2018/05/07/warren-buffett-on-trade-war-the-world-will-not-do-something-stupid.html >Warren Buffett is optimistic the U.S. and China will avoid a serious trade conflict. >"The world will not do something stupid over time in trade," the Berkshire Hathaway chairman and CEO told CNBC's "Squawk Box" on Monday. "I don't think we will have trade wars ... of significance. ... It's counter to the interests of us. It's counter to the interests of China. It's counter to the interests of every country in the world. The world thrives on trade."