Former U.S. Treasury Secretary Warns Tariff Policy May Lead to Economic Recession

According to Deep Tide TechFlow, former U.S. Treasury Secretary Yellen stated that the U.S. government's tariff policy will have an "extremely adverse" impact on the U.S., negatively affecting both consumers and businesses.

Former U.S. Treasury Secretary Summers stated that the market expects a 70% probability that the U.S. economy will fall into recession this year, and if policies are not adjusted, the economic situation will worsen.