Here's What Warren Buffett Thinks of Tariffs -- and It's Probably Not What You'd Think
With so much uncertainty hovering over markets and the global economy, investors are clamoring for guidance from the "Oracle of Omaha," Warren Buffett.Unfortunately, Buffett recently stated he wouldn't comment on the current tariff-related negotiations and/or economic fallout until the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) annual meeting in early May. However, Buffett has commented on tariffs and the U.S. trade deficit in the past. While one might think the champion of free markets has a very clear stance on the market-distorting characteristics of tariffs, Buffett is also not a fan of the U.S. trade deficit. Overall, his position on protectionism is more nuanced than what one might think -- with an elegant way to solve the trade deficit. Continue reading
With so much uncertainty hovering over markets and the global economy, investors are clamoring for guidance from the "Oracle of Omaha," Warren Buffett.
Unfortunately, Buffett recently stated he wouldn't comment on the current tariff-related negotiations and/or economic fallout until the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) annual meeting in early May.
However, Buffett has commented on tariffs and the U.S. trade deficit in the past. While one might think the champion of free markets has a very clear stance on the market-distorting characteristics of tariffs, Buffett is also not a fan of the U.S. trade deficit. Overall, his position on protectionism is more nuanced than what one might think -- with an elegant way to solve the trade deficit.
