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Buffett Warns: Trump’s Tariffs Risk Trade War
**Buffett Slams Trump’s Tariffs: « A Dangerous Economic Weapon »**
Warren Buffett has issued a stern warning against former President Donald Trump’s aggressive trade policies, calling tariffs « a dangerous weapon » that could backfire on the U.S. economy. The billionaire investor cautioned that such measures risk triggering inflation, supply chain disruptions, and retaliatory actions from trading partners.
Speaking at Berkshire Hathaway’s annual meeting, Buffett drew parallels to historical trade wars, arguing that tariffs ultimately harm consumers and businesses. His comments come as Trump pushes for sweeping new import taxes, raising fears of renewed global trade tensions.
« Trade should build bridges, not burn them, » Buffett said. « When you weaponize commerce, everyone loses in the long run. » The remarks put Buffett at odds with Trump’s « America First » economic agenda as the 2024 election approaches.
Market analysts warn Trump’s proposed tariffs could add thousands to consumer prices while potentially destabilizing key industries. As the debate over trade policy intensifies, Buffett’s intervention adds weight to concerns about the economic consequences of protectionism.
*(Full analysis on Bytmal AI News)*
Stock Market Analysis
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