In a recent interview with CBS News’ Norah O’Donnell, Warren Buffett expressed concerns over President Donald Trump’s tariff policies, highlighting potential negative repercussions for consumers. Buffett,

Well, Canadian President Trudeau released a statement earlier today (March 4) vowing Canada will 'not let this unjustified decision go unanswered' and should the tariffs 'come into effect tonight', the country will be responding with its own '25 percent tariffs against $155 billion of American goods' 'effective 11.01am EST tomorrow'.

Warren Buffett, the famed investor behind Berkshire Hathaway, offered a sharp rebuke of President Donald Trump’s 25-percent tariff on goods from Mexico and Canada set to take effect Tuesday. “They’re an act of war to some degree,

Warren Buffett has criticised Trump’s new tariffs on Canada, Mexico, and China, calling them “an act of war.” He warned that tariffs act as a tax on goods, raising consumer prices.

Donald Trump on Monday said that Canada and Mexico can't avert his sweeping tariffs, due to come into effect on Tuesday.

"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.

Legendary Berkshire Hathaway CEO Warren Buffett likened tariffs to an economic "act of war" in an interview with CBS News and said that tariffs ultimately serve as a tax on goods.