Jeffrey Sachs Criticizes Trump's Trade Policies as Economically Destructive
Economist Jeffrey D Sachs labels President Trump a protectionist, criticizing his tariff policies on Indian exports as detrimental. He warns that Trump's approach isolates the US geopolitically and undermines relationships with key partners. Sachs advocates for India's independent foreign strategy, stressing legal challenges to the tariffs.
- Country:
- India
Renowned economist Jeffrey D Sachs has strongly criticized US President Donald Trump's trade policies, particularly the imposition of 50% tariffs on Indian goods. In an interview with ANI, Sachs described Trump as a 'protectionist' and an 'unreliable trade counterpart' for India, labeling the administration's approach as 'clumsy' and 'self-destructive' to its foreign policy interests.
Sachs warns that the Trump administration's economic and geopolitical strategies will ultimately fail, isolating the United States and strengthening alliances like BRICS. He praised India's decision to maintain an independent foreign policy, emphasizing its need to cultivate bilateral relations with China and keep diplomatic channels open with other global powers.
Highlighting potential legal challenges against the Trump administration, Sachs noted a lawsuit in the US Appellate Court questioning the constitutionality of the tariffs. He criticized Trump's authoritarian style, noting that India's discussions with other global leaders like Xi Jinping and Vladimir Putin exemplify a balanced diplomatic approach in response to US tariffs.
(With inputs from agencies.)
Google News