Warren Buffett criticized President Trump's tariff plans during a CBS interview, calling them 'an act of war' due to their inflationary impact and potential to increase consumer prices.

Warren Buffett criticized President Trump's tariffs as a tax on goods and warned of potential inflation and consumer impact during a CBS News interview. This marks Buffett's first public remarks on Trump's trade policies.

Berkshire Hathaway's shares rose following a significant increase in operating earnings, but concerns remain regarding its large cash reserves and investment strategy.

The article discusses rising market risks as indicated by cautious stances from prominent investors like Warren Buffett and Steve Cohen, suggesting a potential need for investors to sell during market rallies rather than buy the dip. Concerns about inflation and geopolitical factors are also highlighted.