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Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ‘em’

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.

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Financial Express

‘Tooth fairy doesn’t pay them’: Warren Buffett breaks silence on Trump’s tariffs, calls them ‘an act of war’

Buffett, who stays away form commenting on anything political, had also addressed the issue in his annual letter.

1 hour ago·Uttar Pradesh, India

Warren Buffett Calls Tariffs 'An Act Of War,' Warns They Function As A Tax On Goods Amid Market Turmoil

Legendary investor Warren Buffett characterized tariffs as “an act of war” that functions as a consumer tax, as markets grapple with President Donald Trump‘s recent implementation of 25% tariffs on Canadian and Mexican imports. What Happened: “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war, to some degree,” Buffett said in an interview with CBS News that aired on Sunday. When asked about tariffs’ impact on i…

5 hours ago·New York, United States

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Firstpost News

'Tooth fairy doesn't pay em': Warren Buffett takes a rare jab at Trump's tariff threats

This marks the first remark from the 94-year-old business mogul on Trump’s trade and economic policies. Last week, the Republican firebrand announced the sweeping 25 per cent tariffs on imports from Mexico and Canada, which will now go into effect on March 4

5 hours ago·Mumbai, India

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CNBC

Warren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'

"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.

19 hours ago·United States

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forexlive.com

Warren Buffett says Trump’s tariffs hurt consumers, “an act of war, to some degree”

Buffett spoke in an interview over the weekend, saying tariffs are "a tax on goods. I mean, the Tooth Fairy doesn’t pay ’em"

1 hour ago

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businesskorea.co.kr

Legendary Investor Buffett Describes Tariffs as 'an Act of War, to Some Degree'

Warren Buffett, Omaha, Nebraska, May 4, 2019. REUTERS Warren Buffett, the chairman of Berkshire Hathaway, has publicly criticized President Donald Trump's tariff policy, marking his first official comment on the matter during Trump's second administration. In an interview with CBS News, reported by CNBC on March 2, Buffett expressed concerns that the tariffs could trigger inflation and harm consumers, a sentiment he had previously hinted at duri…

4 hours ago

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CNBC broke the news in United States 19 hours ago on Sunday, March 2, 2025.

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Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ‘em’

12 Articles

12 Articles

‘Tooth fairy doesn’t pay them’: Warren Buffett breaks silence on Trump’s tariffs, calls them ‘an act of war’

‘Tooth fairy doesn’t pay them’: Warren Buffett breaks silence on Trump’s tariffs, calls them ‘an act of war’

Warren Buffett Calls Tariffs 'An Act Of War,' Warns They Function As A Tax On Goods Amid Market Turmoil

Warren Buffett Calls Tariffs 'An Act Of War,' Warns They Function As A Tax On Goods Amid Market Turmoil

'Tooth fairy doesn't pay em': Warren Buffett takes a rare jab at Trump's tariff threats

'Tooth fairy doesn't pay em': Warren Buffett takes a rare jab at Trump's tariff threats

Warren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'

Warren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'

Warren Buffett says Trump’s tariffs hurt consumers, “an act of war, to some degree”

Warren Buffett says Trump’s tariffs hurt consumers, “an act of war, to some degree”

Legendary Investor Buffett Describes Tariffs as 'an Act of War, to Some Degree'

Legendary Investor Buffett Describes Tariffs as 'an Act of War, to Some Degree'

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