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Warren Buffett says he plans to step down as CEO of Berkshire Hathaway.
As NPR's Maria Aspin reports,
the billionaire investor also gave a sharp warning at the company's shareholder meeting Saturday,
telling the Trump administration to knock off its trade war.
Tariffs are a hot topic in Omaha,
where Berkshire Hathaway's CEO answered investors' questions for more than four hours.
The very first question was about President Trump's sweeping new taxes on imports,
and Buffett had a strong warning, as broadcast by CNBC.
In the United States, I mean, we should be looking to trade with the rest of the world,
and we should do what we do best, and they should do what they do best.
Trade should not be a weapon.
At age 94, the billionaire investor is one of the most powerful people on Wall Street and beyond.
He ended the meeting by announcing that he would be resigning as CEO at the end of the year.
Maria Aspin, NPR News, Omaha.