Warren Buffett Drops Bombshell on Trump’s Tariffs – You Won’t Believe What Happened Next!

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So, apparently, there’s this video floating around suggesting that Trump’s tariffs are the best thing since sliced bread 🍞, and that they’ll make stocks as accessible to middle-class Americans as avocado toast. 🥑✨ Warren Buffett, the Oracle of Omaha, was supposedly all over it, praising Trump’s economic genius. Spoiler alert: he wasn’t. 🙄

The video, shared by someone hilariously named “AmericanPapaBear” 🐻, claimed Buffett said Trump was making “the best economic moves he’s seen in 50 years.” Cue the eye roll. 🤦‍♀️ It went viral faster than a cat meme, racking up 2,000 shares on Truth Social and nearly 10,000 on X (formerly Twitter, for those still adjusting).

Berkshire Hathaway’s Denial: “Nope, Not Us”

Berkshire Hathaway and Buffett were quick to shut this down faster than you can say “fake news.” 🚫 In a press release, they called the video’s claims “false” and clarified that Buffett hadn’t endorsed Trump’s tariffs or any of his economic policies. They also mentioned he wouldn’t be commenting on the economy, the stock market, or tariffs until Berkshire’s annual meeting in May. 🗓️

Buffett Speaks Out: “Hold My Coke”

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Buffett himself appeared on CNBC to set the record straight. The 94-year-old legend 🧓 made it clear he hadn’t spoken to anyone about the economy or tariffs and definitely wasn’t aligned with Trump’s views. Basically, he’s staying neutral, like Switzerland 🇨🇭, but with better investment advice.

Market Reactions: “What Just Happened?”

Meanwhile, the markets were having a meltdown worse than a toddler denied candy. 🍬 Trump’s tariff announcement sent stocks into a tailspin, with the S&P 500 dropping nearly 6%, the Nasdaq losing 5.8%, and the Dow Jones plummeting by over 2,200 points. 💸 In just two days, the market lost $6.6 trillion. That’s a lot of zeros. 😱

Economists are now warning that these tariffs could lead to reduced consumer income, rising inflation, and possibly even a recession. So, basically, it’s a dumpster fire. 🔥

Conclusion: Buffett’s Still the GOAT

Despite the viral video drama, Buffett has made it crystal clear he’s not endorsing Trump’s tariffs. His focus remains on steering Berkshire Hathaway through this economic rollercoaster 🎢 and avoiding public commentary until the annual meeting in May. So, until then, let’s all just chill and maybe avoid sharing unverified videos, yeah? 🙏

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2025-04-05 20:19