BREAKING: Warren Buffett moments ago at the 2025 Berkshire Hathaway annual shareholder meeting just came out against Trump's Tariffs in a major way:
— Ed Krassenstein (@EdKrassen) May 3, 2025
"There is no question that trade can be an act of war. It has led to bad things — the attitudes that it has brought out. In the… pic.twitter.com/FOnBYoN9NO
Warren Buffett at the 2025 Berkshire Hathaway annual shareholder meeting just came out against Trump’s Tariffs in a major way:
There is no question that trade can be an act of war. It has led to bad things — the attitudes that it has brought out.
In the United States, we should be looking to trade with the rest of the world. And we should do what we do best and they should do what they do best. That’s what we did originally. We were good at producing tobacco and cotton 250 years ago and we traded it.
We want a prosperous world but with eight countries with nuclear weapons, including a few that I would call quite unstable, I do not think it’s a great idea where a few countries say ‘hahaha we won,” and other countries are envious.
THIS.
We live in a dangerous world with nuclear weapons. It’s the main reason the institutions and alliances formed after WWII have been so important and why impulsively taking a wrecking ball to it is so dangerous. Trade has been part of that and while it’s obviously important that humans benefit from it and are not exploited, it’s one way to at least keep the dialog between countries going. Schoolyard bullying to feed one man’s misguided ego may very well have catastrophic consequences.