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MetaEra news, on May 4th (UTC+8), Warren Buffett announced at the Berkshire Hathaway annual shareholders meeting that he will step down as CEO by the end of 2025 and recommended current Vice Chairman of Non-Insurance Operations Greg Abel to succeed him. Buffett stated that he will continue to assist the company and will not sell any shares. During a 4.5-hour Q&A session, Buffett expressed strong concerns about U.S. tariff policies, stating "Tariffs are acts of war." He also warned that the U.S. massive fiscal deficit will eventually backfire on the economy, saying, "This situation cannot last forever." (Source: TechFlow)