Berkshire Hathaway is denying claims made in a social media video that Warren Buffett endorses President Donald Trump’s economic policies.
The statement from the Omaha-based conglomerate Buffett chairs was in response to a video circulating on various social media platforms, including on Trump’s account on Truth Social. The video suggests Trump is intentionally crashing the market to lower interest rates and make things more affordable for the middle class.
The video also claims that Buffett “just said Trump is making the best economic moves he’s seen in 50 years.” But a Berkshire press release said these claims were false.
Buffett did not endorse Trump or any other political candidates in the 2024 election because of “numerous fraudulent claims” about his endorsements, according to a separate Berkshire press release.
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According to a Reuters report, Buffett said that it was important to quickly knock down misinformation and that he is not talking to anybody about the markets, the economy and tariffs between now and Berkshire’s annual shareholder meeting on May 3.
Stock prices tumbled after Trump announced sweeping worldwide tariffs on Wednesday that were far larger than investors and economists were expecting. China struck back on Friday, imposing 34% levies that matched tariffs Trump imposed on Chinese goods, according to Reuters.
Our best Omaha staff photos & videos of March 2025
Marian’s Meredith Peyton hugs Marian’s Alaira Hadford after the girls 200 yard freestyle during the Nebraska state swimming championships at the Devaney Center in Lincoln on Saturday, March 1, 2025.
Sue Thomas mends the wing of a stuffed penguin at Omaha’s Henry Doorly Zoo and Aquarium in Omaha on Saturday, March 29, 2025.
Swimmers get ready to start the girls 200 yard medley relay during the Nebraska state swimming championships at the Devaney Center in Lincoln on Saturday, March 1, 2025.
Creighton Prep’s Ryan Mendlick competes in the boys 200 yard IM during the Nebraska state swimming championships at the Devaney Center in Lincoln on Saturday, March 1, 2025.
Swimmers dive in for the boys 100 yard freestyle during the Nebraska state swimming championships at the Devaney Center in Lincoln on Saturday, March 1, 2025.
Lincoln Pius X swimmers huddle together before the Nebraska state swimming championships at the Devaney Center in Lincoln on Saturday, March 1, 2025.
Blowing snow reduces visiblity during a blizzard warning in Omaha on Tuesday, March 4, 2025.
Mechanic Adam Little walks past busses on lifts that are being worked on at the Metro Bus Depot in Omaha on Thursday, March 6, 2025.
Creighton’s Steven Ashworth (1) dribbles the ball against Butler during the second half af a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Steven Ashworth (1) slides into fans while going after a loose ball during the second half af a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Steven Ashworth (1) gets emotional while addressing the crowd during senior day festivities after a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Steven Ashworth (1) carries his son Tommy Jay as he walks out during senior day festivities after a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Col. David Leaumont, 95th Wing commander, speaks during a change of command and 95th Wing activation ceremony at Offutt Air Force Base on Friday, March 28, 2025.
Creighton’s Ryan Kalkbrenner (11) walks away after addressing fans during senior day festivities after a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Ryan Kalkbrenner (11) gets emotional while watching a video during senior day festivities after a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Steven Ashworth (1) addresses the crowd during senior day festivities after a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
Creighton’s Steven Ashworth (1) walks out during pre-game introductions before the first half af a men’s college basketball game at CHI Health Center in Omaha on Saturday, March 8, 2025.
A traffic light is down near 120th and Pacific Streets after a blizzard in Omaha on Wednesday, March 5, 2025.
The sun rises over Farnam Street which has several lane restrictions due to work on the streetcar in Omaha, on Friday, March 21, 2025.
The sun rises over Farnam Street which has several lane restrictions due to work on the streetcar in Omaha, on Friday, March 21, 2025.
Omaha Storm Chasers’ Tyler Gentry poses for a portrait at Werner Park in Papillion on Thursday, March 27, 2025.
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