Warren Buffett, the CEO of Berkshire Hathaway, addressed thousands of shareholders at the company’s annual meeting. He emphasized the importance of not using trade as a weapon and warned against the negative impact of tariffs, which have caused global market turmoil. Buffett highlighted the need for a balanced approach to trade and expressed his long-term optimism about the United States despite recent changes. He also discussed the company’s $347.7 billion cash reserve and the opportunities it will face in the future. The meeting attracted over 40,000 attendees, including celebrities and well-known investors.
Reference : https://economictimes.indiatimes.com/news/international/global-trends/buffett-says-us-shouldnt-use-trade-as-a-weapon-as-trump-has-done-with-tariffs/articleshow/120853139.cms
