Former treasury secretary on Trump’s tariffs alarming American businesses

By Home - CBSNews.com May 5, 2025 | 12:41 PM

Lawrence Summers, a former treasury secretary, says many American big business boards are alarmed by President Trump’s trade approach and his threats of tariffs. CBS News’ Robert Costa reports.

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BREAKING THE BUDGET IMPASSE

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Former treasury secretary on Trump’s tariffs alarming American businesses