On April 13, former US Treasury Secretary Summers said on a CNN program that the US government's claim that it wants to push the manufacturing industry back to the US through high tariffs is completely unconsidered; it will only be counterproductive. Summers also said that the current US tariff policy is the “worst self-harm” caused by economic policy since World War II. An American children's goods dealer also pointed out that if a factory were to be set up in the US, then the cost of each product is expected to increase two or three times as much as it is now.

Zhitongcaijing · 04/14 15:17
On April 13, former US Treasury Secretary Summers said on a CNN program that the US government's claim that it wants to push the manufacturing industry back to the US through high tariffs is completely unconsidered; it will only be counterproductive. Summers also said that the current US tariff policy is the “worst self-harm” caused by economic policy since World War II. An American children's goods dealer also pointed out that if a factory were to be set up in the US, then the cost of each product is expected to increase two or three times as much as it is now.