Tariffs are not a way to manage the global economy permanently, former US secretary of commerce tells GT at Boao Forum
By: Global Times | Published: Mar 24, 2026 08:13 PM
When asked who really pays for the price of US tariffs, former US Secretary of Commerce Carlos M. Gutierrez told the Global Times that industry, consumers, exporters—everyone pays for the tariffs and that tariffs are not a way to manage the global economy permanently.