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For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.
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"Trade should not be a weapon," Buffett said. "The United States won. We have become an incredibly important country, starting from nothing 250 years ago."
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The higher duties on bridal gowns and special occasion dresses have raised costs for boutiques and designers across the country.
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The Trump administration's introduction of new tariffs will impact American families and parents as prices rise.
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The e-commerce site acted after the Trump administration said it would close a loophole that allowed low-cost Chinese-made items to enter the U.S. without import fees.
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