Former U.S. treasury secretary warns Trump's proposed tariffs could boost inflation 

Former U.S. treasury secretary Larry Summers is warning that president-elect Donald Trump's proposed economic policies could drive inflation higher in the U.S.

Former U.S. treasury secretary warns Trump's proposed tariffs could boost inflation 
Former U.S. Treasury secretary Larry Summers speaks during the World Economic Summit in Washington, D.C.

Former U.S. treasury secretary Larry Summers is warning that president-elect Donald Trump's proposed economic policies could drive inflation higher in the U.S.