In a spirited call for fair play, renowned investor Warren Buffett warned against weaponizing trade during Berkshire Hathaway’s annual shareholders meeting in Omaha, Nebraska. Buffett passionately stated, "Trade should not be a weapon," emphasizing that tariffs and protectionist measures might backfire in a globally connected world. 😊
At a time when technology and global trends are reshaping our lives, Buffett pointed out that as the rest of the world prospers, everyone benefits. He argued that a rising global prosperity leads to safer communities and better opportunities not just for us, but also for future generations.
The discussion came against the backdrop of Berkshire Hathaway’s Q1 2025 report where operating earnings fell by 14% to $9.64 billion, including over $700 million in foreign exchange losses. The company noted that ongoing macroeconomic and geopolitical uncertainties—as well as evolving trade policies—could affect future performance.
This message resonates with our vibrant, tech-savvy community in South and Southeast Asia. In our fast-paced world, understanding global economic shifts is key to shaping a secure and innovative future. Let’s keep supporting growth and stability as we navigate these dynamic times! 🚀
Reference(s):
cgtn.com