Buffett calls tariffs "acts of war" as US stock market volatility intensifies

Zhitong
2025.03.03 22:27
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Buffett stated that tariffs are "acts of war," which may exacerbate inflationary pressures and lead to turmoil in the U.S. stock market. Recently, U.S. stocks have fallen, with the Nasdaq at one point dropping over 3%. Analysts pointed out that the tariff policy of the Trump administration has become a core agenda, market sentiment has deteriorated, and only 8% of the S&P 500 index's constituent stocks have reached a new 52-week high. Compared to 2016, market performance is weak, and the trend of economic slowdown is evident. The White House's decision to impose a 10% tariff on Chinese goods has shattered market expectations for trade stability