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Summers says Trump tariffs to impose oil-shock type economic hit
financialpost.com/news/summers-says-tariffs-impose-oil-shock
Former United States Treasury Secretary Lawrence Summers said the Trump administration’s looming tariff hikes are set to impose an oil crisis-like shock to the economy that shrinks its productive capacity — boosting both prices and unemployment.
“This is the kind of thing you discuss in…
This story appeared on financialpost.com, 2025-04-02 19:45:44.