Warren Buffett isn't one to wade into politics, but as an outsider warned tariffs are likely to prove inflationary.

Legendary investor Warren Buffett criticized planned U.S. tariffs on international trade partners, noting that the duties may hurt consumers.

Legendary investor Warren Buffett has warned that President Donald Trump's tariffs on goods imported from foreign countries such as Canada and Mexico could have a disastrous impact on American consumers.

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.