Ex-commerce head WARNS of HARMFUL repercussions from tariffs

• Tariffs, especially those creating unpredictability, are detrimental to businesses and can lead to a sluggish economy.
• China's non-adherence to trade rules justifies targeted tariffs, but general high tariffs are problematic.
• America must lead in AI innovation but needs a 'people strategy' with new education, training, and support systems to manage job transitions and avoid economic shock.

Former U.S. Secretary of Commerce Gina Raimondo discusses the current trade outlook, criticizing high tariffs and the resulting uncertainty for businesses. She also addresses the economic impact of AI, advocating for American leadership in innovation coupled with a robust workforce transition strategy to prevent job losses and social unrest.