CCTV News reported that Lawrence Summers, former US Treasury Secretary, stated in a television program: "The current tariff level is more than ten times higher than when the US initiated the trade war in 2018. Any argument about 'tariffs having other (positive) effects' besides making prices higher is fundamentally fraudulent." He also said that the policy of arbitrarily imposing tariffs by the US government is very dangerous.

Original article: https://www.toutiao.com/article/1829244027136208/

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