At Berkshire Hathaway's annual meeting in Omaha, billionaire investor Warren Buffett challenged the US approach to international commerce, urging leaders to reject tariffs and protectionist measures. "Trade should not be a weapon," said the chairman and CEO. He emphasized that mutual prosperity strengthens global security: "The more prosperous the rest of the world becomes, it won't be at our expense … and the safer we'll feel."
Buffett highlighted the risks of a polarized outlook: "It's a big mistake … when you have seven and a half billion people that don't like you very well, and you got 300 million that are crowing … I don't think it's right, and I don't think it's wise." His words underscore the importance of building economic bridges rather than barriers.
Yet, Berkshire Hathaway's Q1 2025 results showed operating earnings fell 14% to $9.64 billion, dragged down by over $700 million in foreign-exchange losses. The company's earnings report noted that fast-changing macroeconomic and geopolitical events — including shifts in international trade policies and tariffs — are adding uncertainty to future performance.
For young professionals, entrepreneurs, and digital nomads scanning the horizon for growth opportunities, Buffett's message is clear: open trade fuels innovation, lifts emerging markets, and creates a safer world. As G20 leaders and business titans weigh new trade strategies, this call for cooperation over confrontation will shape the economic landscape for years to come.
Reference(s):
cgtn.com
