Trump's Tariff Policies A 'Self-Inflicted Wound' Says Obama-Era Treasury Secretary Larry Summers, Economists Weigh In As S&P Enters Correction Zone

By Yahoo! Finance   |   3 days ago
Trump's Tariff Policies A 'Self-Inflicted Wound' Says Obama-Era Treasury Secretary Larry Summers, Economists Weigh In As S&P Enters Correction Zone

Leading economists like Lawrence H. Summers express concerns about the U.S. economy potentially heading towards a recession due to escalating trade tensions and harmful tariff policies. Uncertainty and negative consequences are highlighted, with a warning that arbitrary policy shifts may lead to long-term damage.

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