Warren Buffett warns tariffs could hurt consumers

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Catalysts anchors Seana Smith and Madison Mills discuss Berkshire Hathaway (BRK-B, BRK.A) CEO Warren Buffett's comments on President Trump's tariff plans, calling them an "act of war" and warning of their potential impact on everyday Americans. "Over time, they are a tax on goods. I mean, the Tooth Fairy doesn’t pay ‘em," Buffett told CBS News over the weekend. Buffett highlights the inflationary effects of tariffs, while also acknowledging that rising prices are a long-term trend. To watch more expert insights and analysis on the latest market action, check out more Catalysts here: https://finance.yahoo.com/videos/series/catalysts/ #youtube #stockmarket #investing About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2025-03-03 · Watch on YouTube ↗
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