Larry Summers Slams Trump's 'Bizarre' Tariffs On Canada And Mexico: 'This Is A Stop-Or-I'll-Shoot-Myself-In-The-Foot Kind Of Policy'

Benzinga 2025-02-03

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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.

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