Warren Buffett Rebukes Trump’s Tariffs Plan in CBS Interview: ‘Act of War’

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  Warren Buffett calls tariffs 'an act of war’

  Legendary investor Warren Buffett likened tariffs to "an act of war" in a new interview as President Trump doubles down on his embrace of the economic strategy. In an interview that aired Sunday on ...
  
  The Hill - 1d
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  How Does Warren Buffett Think Tariffs Will Affect the U.S. Economy? He Just Called Them an ‘Act of War’

  President Trump says tariffs on Canada and Mexico will begin Tuesday. Here’s what Warren Buffett thinks of the idea.
  
  Inc. - 1d

• 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.
  
  CNBC - 2d

• Here’s what Warren Buffett thinks of Trump’s tariffs: ‘Over time, they are a tax on goods.’

  Billionaire investor Warren Buffett likened tariffs to an “act of war” and said that over time they will act as a tax on goods.
  
  MarketWatch - 2d
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  Unpacking Warren Buffett’s Wisdom for Shareholders

  The 94-year-old Berkshire Hathaway CEO just published his latest letter from a six-decade tenure.
  
  Inc. - Feb. 24
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  Trump trade war intensifies as tariffs go into place

  Americans awoke Tuesday morning to an intensifying trade war, as President Trump’s newest tariffs on Canadian, Mexican and Chinese imports were imposed and those countries quickly moved to ...
  
  The Hill - 1d
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  Trump to address Congress amid tariff war backdrop

  {beacon} 12:30 REPORT Happy Fat Tuesday, which also happens to be National Pancake Day (free pancakes at IHOP today!). Today's forecast in DC: ⛅ 55° (Find your weather here) In today's issue: ...
  
  The Hill - 1d
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  Trump tariffs part of ‘drug war,’ not ‘trade war’: Commerce secretary

  Commerce Secretary Howard Lutnick said President Trump’s tariffs on other countries are part of a “drug war,” not a “trade war.” Lutnick joined CNBC on Tuesday, just hours after Trump’s 25 percent ...
  
  The Hill - 1d

• What Warren Buffett really thinks about the stock market

  A “Buffett Indicator” for the world.
  
  MarketWatch - Feb. 25

More from The New York Times

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  Trump to Pause Auto Tariffs for Canada and Mexico for One Month

  The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
  
  The New York Times - 3h
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  Trump to Pause Auto Tariffs for Canada and Mexico for One Month

  The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
  
  The New York Times - 3h
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  Tariffs Add a New Shock to Food Supply Chains

  Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
  
  The New York Times - 16h
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  How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers

  Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.
  
  The New York Times - 14h
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  Why Gen Z Is Willing to Pay Big Money for Concert Tickets

  How can 20-somethings afford the high cost of seeing their favorite artists’ live shows? Some save; some go into debt.
  
  The New York Times - 16h

More in Business

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  Trump hands carmakers 1-month reprieve from tariffs

  Carve-out applies to companies operating through US-Mexico-Canada trade pact
  
  Financial Times - 11m

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 11m

• Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

  Intel is viewed as “being left on the side of the road” by the Trump administration.
  
  MarketWatch - 1h

• Why ‘Trump Turmoil’ has made a U.S. recession much more likely

  Instead of rapid-fire trade deals, Trump has triggered a trade war.
  
  MarketWatch - 1h

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 1h