During the highly anticipated Berkshire Hathaway annual meeting, Warren Buffett reaffirmed his stance against the use of trade as a weapon, criticizing the U.S. tariffs implemented under the previous administration. Speaking to a packed audience, he emphasized that trade should foster prosperity rather than be a tool for economic conflict. Buffett expressed concerns over the implications of tariffs, labeling them as a significant mistake that could lead to economic peril, and encouraged more engagement in global trade. Amid discussions about the future of Berkshire and his eventual succession, he also shared insights on the company’s strong cash reserves and the importance of maintaining open trade policies.