Former Treasury Secretary says tariff policy does not change economic downturn.

On April 30th local time, former U.S. Treasury Secretary Summers said in an interview with CNN that the poor performance of the U.S. economy in the first quarter is closely related to the statements made by the new U.S. government, especially in terms of tariffs. Summers said that if the U.S. government does not adjust its economic policies soon, the economic situation in the U.S. will only deteriorate further.