Billionaire investor Warren Buffett made waves this weekend with a sharp critique of U.S. trade policies, declaring tariffs and protectionism harmful to global stability. At Berkshire Hathaway’s annual shareholders meeting in Omaha, he warned: ‘Trade should not be a weapon.’
The legendary CEO, known for his folksy wisdom, argued that alienating billions worldwide through aggressive trade tactics could backfire. ‘It’s a big mistake when 7.5 billion people don’t like you very well,’ he quipped, stressing that global prosperity benefits everyone. 🌐✨
Buffett’s comments come as Berkshire reported a 14% quarterly earnings drop to $9.64 billion, partly due to $700M in foreign exchange losses. The company’s earnings report hinted at growing risks from ‘accelerating changes in international trade policies’ – a clear nod to 2025’s escalating trade tensions.
💡 Why it matters: With markets jittery over tech cold wars and supply chain reshuffling, Buffett’s call for cooperation highlights how trade fights could hit wallets worldwide. As one X user put it: ‘When the “Oracle of Omaha” talks, investors better listen.’
Reference(s):
cgtn.com