In this discussion, Swapnil Parikh, Vice President of Product at Wealthsimple, shares insights on the recent U.S.-China tariff reductions and their ripple effects on global trade and retail. He dives into how one cargo ship encapsulates the challenges businesses face in navigating these changes. The conversation also turns to Warren Buffett's imminent retirement, exploring his lasting influence and the principles that shaped his investment legacy. Additionally, they analyze the dynamics between retail and institutional traders in today's volatile markets.