Warren Buffett on Trump's tough trade negotiations: Sometimes you have to 'act half crazy'

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'It's hard for me to imagine that the 2 most important countries in the world would do dumb things over a long period of time, but they could... That would be bad for everything Berkshire owns' Warren Buffett said of U.S.-China trade earlier today.

is "rational," Buffett said, acknowledging the high stakes of the "dangerous game" being played by the world's two biggest economic superpowers. "It doesn't mean it's a game that shouldn't be engaged in."

Buffett refused to put odds on how the trade talks would turn out or whether Trump would follow through on his tariff threat: "With some people in negotiations, the best technique is to act half crazy."

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