Berkshire Hathaway reported a 4% decrease in operating earnings for the second quarter, totaling $11.16 billion. This dip year-over-year comes as the conglomerate anticipates potential impacts from ongoing tariff disputes. While the specific areas affected weren't detailed, the earnings report suggests a cautious outlook given the current global trade environment. Investors are closely watching how Berkshire, a bellwether for the broader economy, navigates these challenges.