Warren Buffett said trade should be balanced between countries and said Trump's widespread tariffs are not the right answer.

Trade should not be a weapon,” he said at Berkshire’s annual shareholders’ meeting. Investors had been awaiting his comments on trade, given the conglomerate’s status as an economic bellwether.

Thousands of Berkshire Hathaway investors have streamed into an arena hoping to hear Warren Buffett address what he thinks of President Donald Trump’s tariffs and explain why he is sitting on $347.7 b