Warren Buffett Shares His Thoughts on Trump

Warren Buffett has spoken publicly about his thoughts on Donald Trump, the 45th President of the United States.

Buffett has stated that he has known Trump since 1987, when they first met at a dinner party.

In 2016, Buffett expressed his concerns about Trump's potential presidency, citing his lack of experience and erratic behavior.

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Warren Buffett has taken a swipe at Donald Trump, saying no one person should claim credit for the US economy's success.

Buffett believes it's "beyond arrogance" for American businesses or individuals to boast that they've "done it alone".

He made this statement in his annual letter to shareholders, where he also criticized Trump's approach to trade.

Buffett thinks it's a mistake to use tariffs as a weapon, as it can lead to bad attitudes and harm international relationships.

In fact, Buffett called tariffs an "act of war" against allies, and said it's not right or wise to use trade as a tool for conflict.

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He believes trade should be a cooperative effort, not a competitive one.

Buffett also expressed concerns about the impact of tariffs on global security, saying it's not a great idea to try and design a world where a few countries "win" at the expense of others.

He thinks a more prosperous and safer world is one where all nations thrive, and that's a goal that Berkshire Hathaway shares.

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Warren Buffett has made it clear that he's not a fan of Donald Trump. He even took a swipe at the president in his annual shareholder letter, saying it's "beyond arrogance" for individuals to claim they've done well in the economy alone. Buffett thinks the US should rejoice when other countries have bright futures, and that Americans will be both more prosperous and safer if all nations thrive.

Buffett's Berkshire Hathaway is an investor in the Chinese electric car maker BYD Co., which could be a reason Trump has targeted China with tariffs. Buffett's response? He thinks trade should not be a weapon, and that tariffs are an "act of war" against allies. He's also expressed concerns that Trump's trade war may lead to bad attitudes and a less secure world.

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At Berkshire Hathaway's annual shareholder meeting, Buffett was blunt about how a Trump presidency would impact the company's financial performance: "That won't be the main problem." His vice chairman, Charlie Munger, took a more diplomatic route, but has already spoken out against Trump, saying he's not fit for the presidency due to his ties to the gambling industry.