“Trade should not be a weapon.”

Omaha, Nebraska – Warren Buffett criticized on Saturday the hard -line policy of President Donald Trump, without calling him directly, saying that it is a big mistake to hunt the punitive tariffs on the rest of the world.

Pavite said at Berkshire Hathaway‘s The shareholders meetingAn annual gathering in front of thousands in Omaha, Nebraska. “I think that the more prosperous the world becomes, the more we will be at our expense, the more prosperous, the more safe we ​​feel, and the more your children will feel.”

The legendary investor added that trade and definitions “could be a war of war.” “And I think it has led to bad things. Only the situations that stand out. In the United States, I mean, we must look forward to trading with the rest of the world and we have to do what we do better and they should do what they do better.”

The comments of Buffett, the most direct so far on the customs tariff, came after the White House started running the highest fees on imports in generations that shocked the world last month, which led to severe fluctuation in Wall Street. The president later continued to announce a sudden stop for a 90 -day increase in a lot of increase, with the exception of China, as the White House sought to take deals with countries. The market pause has settled somewhat.

However, Trump slapped the 145 % definitions on the Chinese goods imported this year, prompting China to impose a 125 % reprisal. China said last week It holds the possibility of starting trade negotiations with the United States

Buffett explained that protectionist policies can have negative consequences in the long run for the United States, after it became the world’s leading industrial nation.

“It is a big mistake, in my view, when you have seven billion people who do not like you well, and I got 300 million people somehow about their quality – I don’t think this is true, and I do not think it is wise.” “The United States won. I mean, we have become an incredibly important country, starting from nothing 250 years ago. There was nothing like that.”

Investors were waiting to hear from the 94 -year -old “Oracle of Omaha” to direct him to move in the unconfirmed total environment as well as its evaluation of the state of the economy. The wide trillion Berkesheire Group of Insurance, Transport, Energy, Retail and other companies, from Geico to Burlington Nortern to Dairy Queen, leaves Buffett uniquely qualified to comment on the current health of the American economy. The gross domestic product was reported in the first quarter of communication for the first time since 2022.

Berkshire said in First quarter profit report The definitions and other geopolitical events created the “great uncertainty” of the bloc. The company said it is unable to predict any possible impact of definitions at this time.

Pavite was in a defensive position, where the shares were sold for 10 quarters in a row. Berkchire threw more than $ 134 billion in shares in 2024, mainly due to the cuts in the largest of the shares of stocks in Berkshire – apple and Bank of America. As a result of the selling brightness, the huge Berkshire pile of money grew to another record, worth $ 347 billion at the end of March.