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      Former Treasury Secretary Yellen Advocates for Retaliation Against Trump Tariffs

      Former U.S. Treasury Secretary Janet Yellen has criticized the tariff policies implemented during Donald Trump's presidency, describing the treatment of U.S. allies as "appalling." Yellen urged countries such as Canada to respond to these protectionist measures rather than passively accept them.

      Yellen's comments highlight concerns that the tariffs have not only increased costs for American consumers but have also strained relationships with key allies. Bloomberg Economics has reported that the effective tariff rate in the United States currently stands at 11.2%, which is nearly nine percentage points higher than levels recorded in early 2025. This increase in tariffs has raised questions about the broader implications for international trade and cooperation.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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