8 sources·Business

Warren Buffett Denies Trump's Claims of Endorsement Following Market Turmoil

Warren Buffett's firm refutes claims of his endorsement of Trump's tariffs and economic moves amid recent stock market declines.

The distribution of story sources: left-leaning (blue), center (light gray), and right-leaning (red).
Mostly Reliable
The underlying sources are generally reliable but sometimes include opinion, propaganda, or minor inaccuracies.
Balanced
The underlying sources are either a balanced mix of left and right or primarily centrist.
  1. Trump shares video claiming he's crashing stock market on purpose

    The markets were sent spiraling after Wednesday's announcement that the U.S. was imposing a 10 percent "baseline" tariff on virtually all imports.

    Trump shares video claiming he's crashing stock market on purpose

    NewsweekNewsweek·15d
    Mostly Reliable
    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  2. FACT FOCUS: Warren Buffett did not praise Trump's recent economic policies

    The S&P 500 lost 6% Friday after China matched Trump’s big raise in tariffs announced earlier this week.

    FACT FOCUS: Warren Buffett did not praise Trump's recent economic policies

    Associated PressAssociated Press·15d
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  3. As the stock market falls, Trump haunted by his discredited campaign promises

    The problem, of course, is that we can watch the stock market; we can recognize who’s responsible for these massive losses; and we can’t help but notice that Trump is golfing instead of trying to clean up his mess.

    As the stock market falls, Trump haunted by his discredited campaign promises

    MSNBCMSNBC·15d
    Mostly Reliable
    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Left
    This outlet favors left-wing views.
  4. Trump on Tariffs: Relax, I’m ‘Purposely Crashing the Market’

    But after scrolling down Trump’s feed, I realized the markets actually aren’t supposed to “BOOM” — or at least, not yet.

    Trump on Tariffs: Relax, I’m ‘Purposely Crashing the Market’

    New York MagazineNew York Magazine·15d
    Mostly Reliable
    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Leans Left
    This outlet slightly leans left.
  1. Newsweek
  2. Associated Press
  3. MSNBC
  4. CNBC
  5. The Blaze
  6. New York Magazine

Updated: Apr 4th, 2025, 9:09 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

Following President Trump's announcement of global tariffs, Warren Buffett's Berkshire Hathaway refuted social media claims suggesting Buffett endorsed Trump's economic policies. The company labeled these reports as false, specifically addressing a video shared by Trump on Truth Social claiming Buffett praised his economic moves. Despite the ongoing market downturn—triggered by the tariffs leading to a 6% drop in the S&P 500—Buffett stated he won't comment further on economic matters until after Berkshire Hathaway's annual meeting on May 3. Historically, Buffett has expressed cautious views on tariffs while maintaining distance from political endorsements.


Perspectives

Compare opinions on this story from liberal (Left), conservative (Right) or center-leaning news organizations.
  • Warren Buffett denied social media claims that he endorsed Trump's strategy of purposefully crashing the stock market, stressing that such reports are false.


FAQs

A list of follow-up questions readers often ask about this story.

No FAQs available for this story.


History

A summary of how this story has evolved over the last 24 hours.
  • 15d
Warren Buffett Denies Trump's Claims of Endorsement Following Market Turmoil - Pano News