Trade should not be a weapon,” he said at Berkshire’s annual shareholders’ meeting. Investors had been awaiting his comments on trade, given the conglomerate’s status as an economic bellwether.

Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn't use “trade as a weapon” and anger the rest of the world like President Donald Trump has done with his tariffs that roiled global markets.

Warren Buffett has remained quiet on Trump’s controversial tariff policy, which has raised the ire of trading partners and escalated the trade war between China and the U.S.