*Walter Bloomberg(@DeItaone):YELLEN BACKS RETALIATION AGAINST TRUMP TARIFFS Former Treasury Secretary Janet Yellen called President Trump’s treatment of U.S. allies “appalling” and said Canada and other countries should retaliate against protectionist measures rather than “accept this lying down.” Yellen argues tariffs have worsened affordability for Americans, while weakening cooperation with allies. Bloomberg Economics estimates the U.S. effective tariff rate at 11.2%, nearly 9 percentage points above early 2025 levels.

2026.10.06 14:30

YELLEN BACKS RETALIATION AGAINST TRUMP TARIFFS Former Treasury Secretary Janet Yellen called President Trump’s treatment of U.S. allies “appalling” and said Canada and other countries should retaliate against protectionist measures rather than “accept this lying down.” Yellen argues tariffs have worsened affordability for Americans, while weakening cooperation with allies. Bloomberg Economics estimates the U.S. effective tariff rate at 11.2%, nearly 9 percentage points above early 2025 levels.

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