Warren Buffett warns tariffs could hurt consumers

#investing #stockmarket #youtube Catalysts anchors Seana Smith and Madison Mills discuss Berkshire Hathaway (BRK-B, BRK.A) CEO Warren Buffett's comments on President Trump's tariff plans, calling them an "act of war" and warning of their potential impact on everyday Americans. "Over time, they are a tax on goods. I mean, the Tooth Fairy doesn’t pay ‘em," Buffett told CBS News over the weekend. Buffett highlights the inflationary effects of tariffs, while also acknowledging that rising prices are a long-term trend.