Warren Buffett, speaking to thousands of Berkshire Hathaway shareholders at the company’s annual meeting on Saturday, issued a stark warning against using trade as a weapon. The 94-year-old investor’s remarks seemed to be a veiled criticism of US President Donald Trump’s tariffs, which have sparked global economic unrest.“It’s a big mistake in my view when you have 7.5 billion people who don’t like you very well, and you have 300 million who are crowing about how they have done,” Buffett said.He emphasised the need for balanced trade and stressed that trade should not be weaponised in the way the Trump administration has done with widespread tariffs.“You can make some very good arguments for the fact that balanced trade is good for the world,” Buffett said when asked about trade barriers. “There is no question that trade can be an act of war.”Buffett’s perspective on global tradeBuffett made it clear that the United States should engage in trade with the rest of the world rather than adopting a confrontational approach. “We should be looking to trade with the rest of the world. We should do what we do best and they should do what they do best,” he stated.Buffett’s comments came as tariffs dominated the shareholder questions for the day, with many attendees eager to hear his views on the economic consequences of the trade wars.Berkshire’s cash reserves and investment strategyAnother major topic of discussion was Buffett’s massive cash reserves. Berkshire Hathaway currently holds $347.7 billion in cash, and many shareholders were eager to understand why this large amount remains idle. Buffett admitted that he has not found many attractively priced investments in recent times but forecasted that Berkshire would soon be flooded with opportunities.“One day, we’ll be bombarded with opportunities that we will be glad we have the cash for,” he said, explaining the company’s cautious approach to investments.Lower profits for first quarterBerkshire Hathaway reported a significant drop in profits for the first quarter of 2025. The company earned $4.6 billion, or $3,200 per Class A share, which is a sharp decline from $12.7 billion, or $8,825 per Class A share, during the same period last year. The decrease was attributed to a sharp drop in the value of its investments and $860 million in insurance losses tied to policies written before the devastating Southern California wildfires.However, Berkshire’s operating earnings, which exclude the volatility of investment values, still experienced a 14% decline, totaling $9.6 billion, or $6,703 per Class A share, down from $11.2 billion, or $7,796 per share last year.Buffett’s focus on operating earningsWarren Buffett continues to urge investors to focus on operating earnings rather than quarterly fluctuations in investment values. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
US shouldn’t use ‘trade as a weapon’ and anger rest of the world, says Warren Buffett
