Reported about 11 hours ago
In a recent CBS News interview, 94-year-old investor Warren Buffett issued a clear warning to President Trump regarding the impact of tariffs, calling them 'an act of war.' As the U.S. faces volatile tariff policies that may lead to higher consumer prices in the future, Buffett emphasized that tariffs ultimately act as a tax on goods, stirring confusion in the market and uncertainty for investors. His remarks highlight the direct implications of ongoing trade tensions on inflation and the economy.
Source: YAHOO