Buffett Criticizes Tariffs: Trade Shouldn't Be Used as a Weapon

» Published: May 03 2025 at 17:54

Buffett Criticizes Tariffs: Trade Shouldn't Be Used as a Weapon
Photo: Nati Harnik/AP/TT

Financial guru Warren Buffett has for the first time commented on Donald Trump's trade tariffs. The 94-year-old mentions not the American president by name, but is negatively inclined.

Trade should not be used as a weapon. We, the USA, have already won. We started from zero and have become a major power factor, says Buffett at his conglomerate Berkshire Hathaway's annual meeting.

Buffett says further at the meeting, which every year attracts thousands of people to Omaha in Nebraska, that tariffs and trade can be used as "acts of war".

And it has led to bad things. The attitudes it has brought forth. We, the USA, should trade with all countries and do what we are best at, just as they should do what they are best at.

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By TTTranslated and adapted by Sweden Herald
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