News list for " secretary larry summers"

Former Treasury Secretary Larry Summers said in an interview that Trump's tariffs defy economic logic, meaning higher prices for consumers and much higher input costs for American producers. Summers questioned: Why are we now deciding to wage economic war against Canada, out of so many countries in the world? Canada has a higher minimum wage, a higher basic wage, and more union protections for workers than the United States. I just don't understand the logic of these policies, no doubt,...

2025-02-04 00:25:51