Warren Buffett criticizes Trump's trade policy, emphasizes global prosperity, and enters defensive stock-selling mode.

From CNBC: 2025-05-03 09:50:00

Warren Buffett criticized Trump’s trade policy, warning against using trade as a weapon. Buffett emphasized the importance of global prosperity for America’s success. Trump imposed tariffs on Chinese goods, prompting retaliation from China. Buffett’s comments came as Berkshire Hathaway reported uncertainty due to tariffs and geopolitical events, with Buffett in a defensive stock-selling mode.

Read more: ‘Trade should not be a weapon’