Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, issued a formal denial on Friday, stating that Buffett did not express support for President Donald Trump’s recent tariffs. The clarification came in response to a viral video posted on social media platforms, including one shared by Trump himself, which falsely claimed Buffett endorsed the administration’s trade actions.

"There are reports currently circulating on social media (including Twitter, Facebook and TikTok) regarding comments allegedly made by Warren E. Buffett. All such reports are false," Berkshire Hathaway said in an official statement.

The misleading video purportedly quoted Buffett as saying that President Trump was "making the best economic moves he's seen in over 50 years," a claim the company firmly rejected. The misattributed remarks gained traction following Trump’s imposition of new tariffs earlier in the week, aimed at addressing trade imbalances with key global partners.

The quick spread of the video prompted Berkshire Hathaway to respond publicly, aiming to set the record straight. Buffett, known for his cautious and measured economic commentary, has not made any recent public statements supporting the new tariffs or the broader trade policy outlined by the Trump administration.

The company’s denial underscores growing concerns about the proliferation of misinformation on social media, particularly content that appears to align prominent business figures with partisan economic agendas. The Trump administration has frequently cited business leaders to support its economic policies, though in this case, the endorsement appears to be fabricated.

As debates over trade continue to heat up in Washington and across the globe, accurate representation of influential voices like Warren Buffett remains critical. The incident serves as a reminder of the need to verify sources, especially in a highly polarized media landscape.