President Trump says tariffs on Canada and Mexico will begin Tuesday. Here's what Warren Buffett thinks of the idea.

The rebuke of President Trump’s tariff plans came just days before sweeping tariffs on Canada and Mexico were expected to go into effect.

Legendary investor Warren Buffett has warned that President Donald Trump's tariffs on goods imported from foreign countries such as Canada and Mexico could have a disastrous impact on American consumers.

Warren Buffett, the famed investor behind Berkshire Hathaway, offered a sharp rebuke of President Donald Trump’s 25-percent tariff on goods from Mexico and Canada set to take effect Tuesday. “They’re an act of war to some degree,

Warren Buffett broke his silence on President Trump’s trade policies, comparing his planned tariffs on Canada and Mexico to an “act of war.” The legendary investor behind Berkshire Hathaway – which has large businesses in insurance,

Legendary investor Warren Buffett set his sights on Canadian companies in 2024 — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB).

The rebuke of President Trump’s tariff plans came just days before sweeping tariffs on Canada and Mexico were expected to go into effect.

The legendary investor behind Berkshire Hathaway discussed his take on the president’s controversial 25% tariffs on Canada and Mexico.

What Walmart and 13 other companies have said about Trump’s tariffsPresident Donald Trump plans to slap tariffs on Mexico and Canada, and raise duties on China, on March 4, 2025. Tariffs on the European Union and others are in the works.

In some ways, Mr. Buffett is on his own here because most investment managers aren’t following his cautious approach. According to Bank of America’s global fund manager survey for February, cash levels at mutual funds are sitting at just 3.5 per cent, on average. That is the lowest level since 2010 and implies terrific bullishness.

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

Warren Buffett says tariffs are “an act of war, to some degree.” Berkshire Hathaway’s chairman and chief executive said the country has had a lot of experience with tariffs, and that over time they are a tax on goods.