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.

US stocks rose Friday and the S&P 500 notched its longest winning streak since 2004 as China signaled openness to trade talks and investors digested a better-than-expected jobs report.

A possible thawing in US-China trade tensions boosted spirits after earnings from Apple and Amazon shed light on the likely cost of tariffs.

The S&P 500 on Friday rose for a ninth consecutive session, its longest winning streak in more than two decades. The benchmark index of U.S. stocks advanced 1.5% Friday after Chinese officials signaled interest in ending the trade war with the U.

Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, potentially providing an off-ramp from hostilities to allow trade talks to start, the Wall Street Journal reported on Friday.

China's Commerce Ministry says it is evaluating the possibility of trade talks with the US, following senior US officials' expressions of willingness to talk about tariffs. They urge the US to show "sincerity" towards China,