The past week has been a rollercoaster ride for the financial world. From Warren Buffett’s stern warning about tariffs to President Trump’s call to end the CHIPS Act, the market has been grappling with a flurry of developments.

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

In a rare admission for the so-called "Oracle of Omaha," who normally avoids commenting on politics and the White House agenda, Buffett told CBS News' Norah O'Donnell that tariffs constituted an "act of war" and "a tax on goods."

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,

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,

President Donald Trump’s tariffs on imports of foreign goods have already begun, and more are on the way, likely forcing some businesses to raise prices.

Billionaire investor Warren Buffett likened tariffs to an “act of war” and said that over time they will act as a tax on goods.

The legendary Warren Buffett is not one to talk about politics much, but when it comes to President Donald Trump’s tariffs, the Oracle of Omaha isn’t staying quiet. In a rare comment, Warren called them what they really are—an extra tax on everyday products.

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

Tariffs might be President Donald Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about.

COLUMN. In his annual letter to shareholders published on Saturday, the Berkshire Hathaway boss urged the US president to spend government money 'wisely,' and warned him of the inflationary crisis that could result from his policies,