TechFlow, April 13 — According to Jinshi News, former U.S. Treasury Secretary Lawrence Summers said on a TV program: "Current tariff levels are more than ten times higher than when the U.S. launched the trade war in 2018. I believe any claim that tariffs have effects beyond raising prices is fundamentally fraudulent. The U.S. government's arbitrary imposition of tariffs is extremely dangerous. It is the worst economic policy and the most severe act of self-harm by the United States since World War II."
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