Billionaire investor Warren Buffett has criticized US President Donald Trump’s tariffs, saying they are an “act of war” that hurt consumers and could trigger inflation. In a recent interview with CBS, Buffett stated that tariffs are essentially a tax on goods, likening the Tooth Fairy to those who don’t pay them. The billionaire’s comments have been widely shared by Chinese media, highlighting the international implications of Trump’s trade policies.
Source: https://www.tradingview.com/news/forexlive:611eec26e094b:0-warren-buffett-says-trump-s-tariffs-hurt-consumers-an-act-of-war-to-some-degree