Former Treasury Secretary Larry Summers said in an interview that Trump's tariffs defy economic logic, meaning higher prices for consumers and much higher input costs for American producers. Summers questioned: Why among so many countries in the world are we now deciding to wage an economic war against Canada? Canada has a higher minimum wage, a higher base wage, and more worker protections from unions than the United States. I just don't understand the logic of these policies. There is no doubt that this is a regressive tax on American consumers. (Jin Ten)