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Warren Buffett & the Berkshire Hathaway 2025 Meeting Part 1 5/3/25

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Navigating Tariffs and Sourcing Shifts

This chapter explores the strategies employed by managers to adapt to potential tariffs and evolving furniture sourcing dynamics. It reflects on the historical shift from U.S. to Chinese sourcing and the implications of moving to Southeast Asia due to cost factors. Additionally, the discussion covers local manufacturing responses and the pressing need for reevaluation of spending in light of national debt and market volatility.

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