🚨🇺🇸FORMER TREASURY SEC SUMMERS: TARIFFS COULD COST U.S. $6 TRILLION “This is dangerous work with a sledgehammer on a pretty sensitive machine, which is the global economy that's having really serious consequences. Now the stock market only measures the adverse impact on corporate profits, not the adverse impact on... workers, not the adverse impact on consumers. So you need to add to that stock market number.” Source: Lawrence H. Summers , The All-In Podcastshow more

Tariffs are a tool—early missteps happen, but recalibration is key. The 125% tariff on China targets their exploitation, while the 90-day pause for negotiating partners shows strategic adjustment. Critics focus on short-term costs, but America’s trade deficit with China ballooned to $382B under prior leadership. Let’s not ignore decades of foreign abuse that hollowed out U.S. manufacturing. The goal isn’t to tax consumers—it’s to force fair terms. When global competitors manipulate markets, tariffs become leverage. Past administrations let China steal $600B+ in IP annually. If rebalancing costs $6T now, what price tag do critics put on surrendering economic sovereignty permanently?

#ExtraCancha YA ESTÁN EN MARCHA 😬 Daniel Noboa impuso un arancel del 27% a México.😨Esta decisión se da días antes de su posible reelección, pero queda una duda, ¿Cuáles serán las consecuencias? 🤔 Nosotros te las contamos. #Ecuador #México #Aranceles

Former for a reason!

Tariffs will bring US 6 trilion better said.

This guy presided over a disastrous economic policy under Obama.

At least we'd be losing money for the right reasons for a change. 🇺🇲💪

I don't listen to the "experts" who made the decisions that cost my State and my people their jobs, their families, their futures, and their lives. "Antiseptics bad for the environment, says Secretary of Bacterial Prosperity"

If the economy is so fragile that reciprocal tariffs will crash it, its not a health economy and it should crash so it can be rebuilt into a healthy one.

Pathetic

I would expect nothing less rom summers

Who?