Larry Summers, the former U.S. Treasury Secretary, has criticized President Donald Trump’s ‘Bizarre' decision to impose a 25% tariff on goods from Canada and Mexico. Summers, in an interview with CNN, described the tariffs as a “stop-or-I'll-shoot-myself-in-the-foot kind of threat policy.” He emphasized that the tariffs defy economic logic, leading to higher prices for consumers and increased costs for American producers.
