Steve Maharey: In the shadow of Trump, NZ needs a new direction
- Warren Buffett criticized punitive tariffs and protectionist trade policies during Berkshire Hathaway's annual meeting on May 3, 2025, in Omaha.
- His remarks responded to recent market turmoil triggered by the Trump administration's high tariffs aimed at correcting trade imbalances and boosting domestic manufacturing.
- Buffett cautioned that leveraging trade as a means of conflict endangers global economic well-being and emphasized the need for a cooperative approach amid widespread international tensions.
- Although operating profit dropped by 14% and Berkshire maintained a prudent investment stance, its cash holdings soared to an unprecedented $347.7 billion by March 2025.
- Buffett’s critique signals a need for balanced global trade and suggests Berkshire will maintain caution amid economic uncertainty and ongoing geopolitical challenges.
42 Articles
42 Articles
Warren Buffett slams Trump’s tariffs as he announces retirement
Warren Buffett, the famed billionaire inventor known as “The Oracle of Omaha,” offered sharp public criticism of President Donald Trump’s trade war as he announced he will be stepping down as CEO of Berkshire Hathaway. NBC’s Yamiche Alcindor reports for Sunday TODAY.


U.S. shouldn’t use “trade as a weapon” as Trump has done with tariffs: Warren Buffett
'It’s a big mistake in my view when you have 7.5 billion people who don’t like you very well, and you have 300 million who are crowing about how they have done,' he said
Warren Buffett bows out with stark dollar warning: Currency going to hell
Warren Buffett, who officially handed over the CEO reins to Vice Chairman Greg Abel at the meeting, indicated that a significant investment in a European country could prompt Berkshire to conduct more financing in foreign currencies.
Warren Buffett said ‘trade can be an act of war.’ Supply chain expert weighs in
Supply chain expert Jack Buffington joins CNN Newsroom to discuss Warren Buffett’s criticism of Trump’s tariffs amid the famed investor’s announcement that he would step down as CEO of Berkshire Hathaway at the end of the year.
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