Golden Finance reported that on April 6 local time, it was learned that after Hassett, director of the White House National Economic Commission, made remarks that "tariffs will lead to a decline in US consumer prices" on the same day, former US Treasury Secretary Lawrence Summers said that he did not agree with Hassett's statement. He believes that US President Trump's tariff policy is the biggest self-harm wound to the US economy in history. Summers said tariffs will lead to higher prices, aggravate inflation, thereby reducing people's consumption capacity, and also reducing employment opportunities. On April 2, US President Trump signed an executive order on so-called "reciprocal tariffs" at the White House, announcing that the United States imposes a 10% "minimum benchmark tariff" on trading partners and imposes higher tariffs on some trading partners. The US government's move has been opposed and criticized by many parties around the world. (CCTV News)