PANews reported on April 9 that according to Jinshi, former US Treasury Secretary Summers wrote on social media: "Developments in the past 24 hours indicate that we may be heading towards a serious financial crisis caused entirely by the US government's tariff policy. Given the government debt and deficit and dependence on foreign buyers, this could trigger all kinds of vicious cycles. The only way to mitigate these risks is for President Trump to abandon the current path. This is the first round of financial turmoil caused by the US government."
Former U.S. Treasury Secretary Summers: Tariff policy may trigger a serious financial crisis in the United States
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