Buffett Urges Global Economic Cooperation Amid Tariff Concerns
U.S. investor Warren Buffett issued a stark warning against trade protectionism during Berkshire Hathaway's annual shareholders meeting in Omaha, Nebraska, emphasizing that 'trade should not be a weapon.' The remarks come as rising tariffs and shifting international policies cast uncertainty over global markets.
With Berkshire reporting a 14% drop in Q1 2025 operating earnings to $9.64 billion, including $700 million in foreign exchange losses, Buffett stressed that 'the more prosperous the rest of the world becomes, the safer we'll feel.' He cautioned against isolating the U.S. economically, asserting mutual growth as key to long-term stability.
Berkshire's quarterly report highlighted 'accelerated changes in international trade policies' as a risk factor, signaling heightened sensitivity to geopolitical tensions. Analysts view Buffett's comments as a critique of recent U.S. protectionist measures, though he avoided direct political references.
For investors and policymakers tracking Asia's $35 trillion economy, Buffett's remarks underscore the interconnectedness of markets. As cross-strait trade volumes hit record highs and Southeast Asia emerges as a manufacturing hub, his call for cooperative strategies resonates strongly in the region.
