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Tue, March 4, 2025
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Warren Buffett slams Donald Trump's tariff on Canada and Mexico, calls them an 'Act of War' in rare public rebuke


Published on 2025-03-04 08:40:37 - MSN
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  • Billionaire Warren Buffett criticized US president Donald Trump's tariffs on Canada, Mexico, and China as an "act of war", predicting economic harm. Trump's tariffs will add significant costs to imports,

Warren Buffett, in a rare public critique, has strongly opposed former President Donald Trump's decision to impose tariffs on Canada and Mexico, labeling them as an "act of war." During an interview on CNBC, Buffett expressed his concerns about the negative impacts of these tariffs on the U.S. economy, particularly highlighting how they disrupt long-standing trade relationships with neighboring countries. He argued that such measures not only strain international relations but also increase costs for American businesses and consumers, potentially leading to retaliatory actions from trade partners. Buffett's comments underscore his belief in the benefits of free trade and the potential economic harm caused by protectionist policies.

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[ https://www.msn.com/en-in/politics/government/warren-buffett-slams-donald-trump-s-tariff-on-canada-and-mexico-calls-them-an-act-of-war-in-rare-public-rebuke/ar-AA1AdKAm ]