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LIVE | Economist Jeffery Sachs Slaps Down Trump’s ‘False Confidence’ in Tariffs | Times Now World
#live #jeffery #tumpa
Renowned economist Jeffrey Sachs sharply criticized President Donald Trump’s newly unveiled reciprocal tariff policy on Thursday, calling it a "self-defeating" move that risks isolating the United States from global competition. In a scathing reaction to the "Liberation Day" announcement, Sachs argued that protectionism would foster inefficient, high-cost industries unable to rival leaders like China and India, citing their economic booms after opening to world markets as evidence. He warned that breaking international supply chains could erode U.S. competitiveness in key technologies, labeling Trump’s approach a strategic misstep that echoes failed policies of the past.
#live #jeffery #tumpa #donaldtrump #tumpnews #tariffs #tariffimpact #ustariffs #tnworld #timesnowworld #worldnews #internationalnews #timesnews #newsworld #timesnowworld
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