• At Berkshire’s annual meeting, Warren Buffett sent a message: using trade as a weapon is a “big mistake” that could backfire on the U.S.
• He urged cooperation over protectionism, warning it fosters global resentment and long-term instability.
• With GDP shrinking and Buffett’s Berkshire hoarding $347B in cash, importers should take note: the Oracle of Omaha doesn’t like what he sees.