Warren Buffett Warns Tariffs Are 'An Act of War' with Economic Consequences
- Warren Buffett described tariffs as 'an act of war' that act as a consumer tax during an interview with CBS News.
- Goldman Sachs Group Inc. Estimates that tariffs could decrease corporate earnings by 1-2% for every 5% increase in tariffs.
- Canada plans retaliatory tariffs on up to $155 billion worth of American goods, and Mexico's President Claudia Sheinbaum confirmed counter-tariff plans.
- Market volatility has increased amid fears of a slowing economy and concerns over President Trump's recent tariff implementation.
Insights by Ground AI
Does this summary seem wrong?
64 Articles
64 Articles
All
Left
5
Center
15
Right
9
Coverage Details
Total News Sources64
Leaning Left5Leaning Right9Center15Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 17%
C 52%
R 31%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage