Billionaire investor Warren Buffett has denied recent social media reports claiming he supports the tariffs being implemented by President Donald Trump. In an official statement released by Berkshire Hathaway Inc. on April 4, 2025, the company clarified that all such reports are false.

Social Media Controversy

The controversy began when President Trump posted a video on social media in which he suggested that Buffett had praised his tariff policies. Following this, several unverified claims circulated on platforms such as Twitter, Facebook, and TikTok, stating that the legendary investor was in favor of the new trade restrictions.

However, Berkshire Hathaway quickly addressed the rumors, stating that Buffett had not made any such comments. The press release, issued from the company’s Omaha headquarters, explicitly stated:

 “There are reports currently circulating on social media regarding comments allegedly made by Warren E. Buffett. All such reports are false.”

Buffett has long been an advocate of fair and open trade policies. While he has acknowledged the challenges posed by trade imbalances, he has generally supported market-driven solutions rather than government-imposed tariffs. His investment philosophy emphasizes long-term economic growth and stability, which many believe could be disrupted by aggressive tariff measures.

Trump's Tariff Strategy

The Trump administration has recently introduced a new round of tariffs targeting imports from various countries, arguing that they are necessary to protect American industries. The President has defended his policies, claiming they will lead to stronger domestic manufacturing and job growth.

Market Reactions

Following the confusion surrounding Buffett’s alleged support, stock markets showed mild volatility, with some Berkshire Hathaway investors seeking clarification. However, the company’s swift response appears to have reassured stakeholders, minimizing any major financial impact.

As misinformation continues to spread rapidly online, it is crucial to verify sources before accepting claims as fact. Buffett’s clear denial underscores the importance of corporate transparency in an era of social media speculation.

Disclaimer: The information in this article is based on publicly available sources and official statements. SensexNifty.com does not endorse any political views or financial strategies mentioned. Readers should conduct their own research before making any investment decisions.