Berkshire Hathaway’s legendary CEO Warren Buffett says that tariffs are an “act of war” that could further worsen inflation. After a blitz of information in recent weeks, it seems that the market agrees,

Warren Buffett says tariffs are “an act of war, to some degree.” Berkshire Hathaway’s chairman and chief executive said the country has had a lot of experience with tariffs, and that over time they are a tax on goods.