In a candid Harvard University lecture, Former U.S. Commerce Secretary Gina Raimondo delivered a stark warning: President Trump’s tariff policy is backfiring. She labeled the series of import levies a 'disastrous policy' that risks alienating core allies and undermining America’s standing on the global stage.
According to Raimondo, trust is a two-way street. Without the backing of key partners—nations that power international supply chains and drive economic growth—the U.S. faces growing vulnerabilities. 'We can’t go it alone,' she stressed, noting that walls at the border quickly turn into barriers in boardrooms worldwide.
For young global citizens and business innovators, the takeaway is clear: trade tensions don't just hit headlines—they reshape markets, stir uncertainty, and dictate the flow of goods, services and ideas. When tariffs spike, so do costs for consumers and supply chain headaches for startups and multinationals alike.
Raimondo's critique resonates far beyond Washington insiders. It serves as a reminder that in an interconnected world, policies have ripple effects—from the factories of Asia to the café tables of Europe. Sustainable growth hinges on dialogue, not tariffs, she argued, calling on the next generation of leaders to champion cooperation over conflict.
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Former U.S. commerce secretary blasts 'disastrous' tariff policy
cgtn.com
