Order byBest matchMost fresh

Lawrence Summers, Recession

Digest more
Top News
Impacts
Barron's |
The only way to mitigate these risks is for the President @realDonaldTrump to back off his current path.
U.S. News & World Report |
Economists have warned that U.S. consumers are likely to face higher prices on everything from sneakers to wine as a result of the trade war.

Read more on News Digest

Larry Summers Warns of 'Serious Financial Crisis'
Larry Summers, an economist, Harvard professor, and the former Treasury Secretary under President Bill Clinton, said the U.S. "may be headed for serious financial crisis wholly induced by US government tariff policy" in a post on X earlier this morning.
Summers Warns US Likely Headed to Recession, 2 Million Jobless
Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, with potentially 2 million Americans put out of work, thanks to the tariff increases now in train.
Summers Warns US Is Likely Heading for a Recession
Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, and two million jobs could be lost due to President Donald Trump's tariffs. Summers, a Harvard University professor and paid contributor to Bloomberg TV,
Trump's Latest Tariffs Loom, Set to Deepen Global Trade War
Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,
Trump u-turns on tariffs, turns trade war heat on China
Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.
Trump orders 90-day pause on new tariffs except for China
President Donald Trump continues to forge ahead with his domestic and foreign policy agenda as he moves to implement his plan for global tariffs. Follow here for the latest live news updates.
Larry Summers warns of economic carnage, millions of lost jobs as a result of Trump’s tariffs
Former Treasury Secretary Lawrence Summers warned that America is increasingly likely to slip into recession due to escalating tariffs — potentially costing 2 million jobs nationwide.
Ex-treasury secretary predicts recession with 2 million more Americans unemployed
Larry Summers, who held the post during the presidency of Bill Clinton, is sounding the alarm over the impact of Donald Trump’s tariffs
Larry Summers says Trump’s ‘masochistic’ tariffs will cost $300,000 per family of four
Former Treasury Secretary Larry Summers has come out as one of the fiercest critics of President Trump’s “Liberation Day” tariffs. The economist said an hour of rhetoric has likely never caused so much economic damage,
Larry Summers Says He Would Have Resigned Over Trump’s Tariff Plan
Larry Summers, who served as Treasury Secretary under Bill Clinton and as director of the National Economic Council in the Obama Administration, took to X, the social media platform formerly known as Twitter,
Latin Times on MSN1d
Former Treasury Secretary Says Families Will Lose At Least $5,000 As a Result of Trump's Tariffs
Former Treasury Secretary Larry Summers said the U.S. will likely enter a recession and lose 2 million additional jobs as a result of Trump's tariffs
Explore more
Here's what the smartest people in markets and economics are saying about Trump's tariffs
Goldman Sachs and other firms are warning of a recession. Bill Ackman floated a 90-day tariff timeout. Even the Federal Reserve chair weighed in.
'Serious Financial Crisis' Could Be Ahead, Warns Larry Summers
Economist Larry Summers stepped up his criticism of the Trump administration's actions on trade, warning a "serious financial crisis wholly induced by U.S, government tariff policy" could be looming.
Latin Times on MSN19h
Trump Admin is Leaving Countries Looking to Negotiate on Read, Nations Claim
Donald Trump said the purpose of the tariffs is getting countries to the negotiating table, but many are saying their requests are not being answered
Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025
Headline inflation has eased in the U.S., but according to economist and former Treasury Secretary Larry Summers, soaring prices may not be over amid President Donald Trump’s ta
Feedback