Warren Buffett says tariffs are “an act of war, to some degree.” Berkshire Hathaway’s chairman and chief executive said the country has had a lot of experience with tariffs, and that over time they are a tax on goods.
President Trump says tariffs on Canada and Mexico will begin Tuesday. Here's what Warren Buffett thinks of the idea.
The rebuke of President Trump’s tariff plans came just days before sweeping tariffs on Canada and Mexico were expected to go into effect.
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Donald Trump on Monday said that Canada and Mexico can't avert his sweeping tariffs, due to come into effect on Tuesday.
The effects of the tariffs imposed by the Trump administration on goods from Canada, Mexico and China are starting to be seen in global stock markets. The three major stock market indexes in the United States fell following Trump’s announcement that he would proceed to slap 25% tariffs on goods from Canada and Mexico,
Legendary investor Warren Buffett criticized planned U.S. tariffs on international trade partners, noting that the duties may hurt consumers.
Warren Buffett, who is a billionaire investor and the CEO of Berkshire Hathaway (BRK.B), weighed in on President Donald Trump’s tariffs. In an
Tariffs might be President Donald Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about.
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