Warren Buffett Warns Tariffs Are 'An Act of War' with Economic Consequences
- Warren Buffett described tariffs as 'an act of war' that act as a consumer tax during an interview with CBS News.
- Goldman Sachs Group Inc. Estimates that tariffs could decrease corporate earnings by 1-2% for every 5% increase in tariffs.
- Canada plans retaliatory tariffs on up to $155 billion worth of American goods, and Mexico's President Claudia Sheinbaum confirmed counter-tariff plans.
- Market volatility has increased amid fears of a slowing economy and concerns over President Trump's recent tariff implementation.
64 Articles
64 Articles
Warren Buffett slams Trump's tariffs, says 'they're an act of war'
Billionaire investor Warren Buffet has sharply criticized American President Donald Trump's newly imposed tariffs, calling them an act of war. In a televised interview, Buffet highlighted the negative consequences of the tariffs, warning that they may ultimately act as a tax on goods that American consumers will have to bear. Watch in for more details!
Warren Buffett Slams Trump’s Tariff Plan as "An Act of War," Warns of Rising Consumer Prices
WASHINGTON – In an interview on CBS, Warren Buffett, the CEO of Berkshire Hathaway, strongly criticized President Donald Trump’s upcoming tariff plan, labeling it as “an act of war.” Buffett, a seasoned investor with decades of experience, cautioned about the economic consequences of such policies, predicting higher prices for consumers in the long run. “Over […]
Shock and disbelief over Trump's 'act of economic aggression'
Cavalier Tool and Manufacturing sales manager Peter Gossmann equated U.S. President Donald Trump’s levying of a 25 per cent tariff on all Canadian goods to an act of economic war that has left the industry in shock and disbelief.
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