Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'
1. Buffett criticizes tariffs, calling them a significant mistake. 2. Berkshire reports uncertainty due to tariffs and geopolitical tensions. 3. First-quarter GDP has contracted for the first time since 2022. 4. Buffett has sold over $134 billion in stocks in 2024. 5. Berkshire's cash reserves reach a record $347 billion.