Walmart and Warren Buffett on tariffs, a Target boycott, Starbucks layoffs: Business news roundup

Warren Buffett, Chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho.

Photo: Kevin Dietsch (Getty Images)

Legendary investor Warren Buffett criticized planned U.S. tariffs on international trade partners, noting that the duties may hurt consumers.

“Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war, to some degree,” the Berkshire Hathaway (BRK.A) CEO told CBS News over the weekend.

Walmart and Warren Buffett on tariffs, a Target boycott, Starbucks layoffs: Business news roundup

Similar Content