Former US Treasury Secretary's claim that 'tariffs are beneficial to the US' is fraudulent

BlockBeats News: On April 13th, former US Treasury Secretary Lawrence Summers said on a television program: "The current level of tariffs is more than ten times higher than when the US launched the trade war in 2018. I believe that any statement about 'imposing tariffs has other (positive) effects', except for making prices higher, is fundamentally fraudulent. The US government's policy of arbitrarily imposing tariffs is very dangerous. This is the worst economic policy and the most serious act of self harm in the United States since World War II. (Golden Ten)