‘Utter and total nonsense’: Larry Summers reacts to Trump’s new tariffs

Former U.S. Treasury Secretary Larry Summers called Donald Trump’s new tariff plans “utter and total nonsense,” criticizing their economic impact. He warned that such policies could raise consumer prices, hurt businesses, and disrupt global trade. Summers argued that tariffs would weaken the U.S. economy rather than strengthen it. His sharp remarks highlight ongoing debates over trade and economic strategy. #Tariffs #TradePolicy #LarrySummers #EconomicImpact