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Warren Buffett criticized tariffs and trade wars during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 4.

Buffett doesn’t think Trump is going about it the right way with his widespread tariffs. He said the world will be safer if more countries are prosperous.

Berkshire Hathaway's first-quarter revenue was largely flat (down 0.2% from a year ago) at $89.73 billion. Net profit came in ...