[Former U.S. Treasury Secretary Criticizes Trump for Misusing Emergency Powers to Impose Tariffs] Reported by Golden Finance, former U.S. Treasury Secretary Summers stated that Trump's use of emergency powers to impose tariffs is "problematic." In an interview, Summers pointed out that the circumstances under which Trump imposed import tariffs "do not reflect a truly exceptional event (such as 9/11 or a sharp decline in the dollar)." More broadly, if this approach were indeed correct, the president should be able to persuade Congress and advance it in a direct manner, rather than circumventing the process. Summers remarked, "If 'emergency state' is defined as the president being concerned about the current economic situation and wanting to use tariffs as a tool, then this is quite problematic under our democratic traditions." Furthermore, setting aside the legal aspects, the tariffs implemented by Trump during his second term are not an appropriate means to address the long-term decline of U.S. manufacturing, fiscal deficits, or external borrowing issues. "If the goal is to reduce U.S. reliance on foreign capital imports, the correct measures should be cutting budget deficits and increasing domestic savings levels." (Jin10)