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“Commerce should not be an act of war”

“Commerce should not be an act of war”
“Commerce should not be an act of war”

cannot be a weapon“He warned Warren Buffett In a clear message against Donald Trumpalthough he took care not to mention it directly. Criticisms occurred the annual meeting of its influential Holding Berkshire Hathaway, which summoned some 40,000 people.

“He trade cannot be an act of And I think he has led to bad things. We should seek to trade with the rest of the , and we should do what we know best Hillary Clinton.

“It is a mistake in my opinion you have 75 billion people who do not love you much, and you have 300 million that boast of how well they have gone,” Buffett added when addressing the issue that was in everyone’s mind at the beginning of the shareholders meeting.

According to a report distributed by Berkshire before the event, Trump tariffs and other geopolitical risks created a uncertain environment for conglomeratewith its wide range of , transport, energy, retail trade and other businesses. However, the holding can not predict any potential impact at this , he highlighted CNBC.

In fact, during 2024 the conglomerate got rid of more than US $ 134,000 million in shares From Bank of and Apple, one of the companies most affected by crossed tariffs between the United States and China. Recently, the Financial Times He revealed that the company planned to transfer all the production of its iPhones (about 60 million devices per year) Indiain 2026.

As a of the sales wave, the liquidity reserve of Berkshire reached a new record: US $ 347,000 millionand investors hope to know what he will do with all that cash.

The said that he simply does not see many investments at attractive that he understands these days, but he predicted that one Berkshire will be “bombarded with opportunities for which we will be happy to have cash.”

The book published by the company on the 60th anniversary of the conglomerate has already exhausted the 4400 copies and the company ordered 8000 more copies.

It is the time that Buffett, 94, speak publicly since Trump He assumed the presidency of the United States, on January 20.

Nicknamed ‘The Oracle of Omaha‘, Buffett He is known for his skillful financial maneuvers in times of crisis as in the collapse of Lehman Brotherswhich unleashed the 2008 world financial crisis and that I take the opportunity to negotiate better terms with banks such as Goldman Sachs or Bank of America.

“Our periodic operational can be affected in future periods due to the impacts of ongoing macroeconomic and geopolitical events, as well as for changes in specific factors or events of the industry or company,” says Berkshire’s report.

The text assured that the rhythm of the changes in these events, “including the international commercial policies and tariffsit has accelerated in 2025 “. And he reiterated his :” A considerable uncertainty persists in terms of its final result. “

With information from EFE and AP

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