12hon MSN
What Walmart and 13 other companies have said about Trump’s tariffsPresident Donald Trump plans to slap tariffs on Mexico and Canada, and raise duties on China, on March 4, 2025. Tariffs on the European Union and others are in the works.
In some ways, Mr. Buffett is on his own here because most investment managers aren’t following his cautious approach. According to Bank of America’s global fund manager survey for February, cash levels at mutual funds are sitting at just 3.5 per cent, on average. That is the lowest level since 2010 and implies terrific bullishness.
Warren Buffett and Steve Cohen warned consumers would be footing the bill for Trump's trade war, and business bosses have now confirmed they plan to pass on at least half of their rising costs.
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