Warren Buffett warned that tariffs ultimately lead to inflation, emphasizing that consumers as well as foreign businesses bear the cost. While the Trump administration claims tariffs won’t impact Americans, rising prices and economic concerns suggest otherwise, with even the FOMC acknowledging their inflationary effects.
Warren Buffett warned that tariffs ultimately lead to inflation, emphasizing that consumers as well as foreign businesses bear the cost. While the Trump administration claims tariffs won’t impact Americans, rising prices and economic concerns suggest otherwise, with even the FOMC acknowledging their inflationary effects.