According to Golden Finance, on the 11th local time, former US Treasury Secretary Lawrence Summers said on a TV show: "The current tariff level is more than ten times higher than when the United States launched a trade war in 2018. I think that in addition to making prices higher, any remarks about "increasing tariffs have other (positive) effects" are fundamentally fraudulent." He also said that the policy of the US government's arbitrary tariffs is very dangerous. He said, "This is the worst economic policy and the most serious self-harm in the United States since World War II." (Jin Shi)