US Economist Jeffrey Sachs Criticizes Trump’s Tariff Strategy
- Jeffrey Sachs, a noted economist, criticized the Trump administration’s tariff policies.
- Sachs argued that tariffs would not hinder China’s and Russia’s economic growth.
- The effectiveness of tariffs is questioned if global trade adheres to WTO rules.
Jeffrey Sachs highlighted that the Trump administration’s tariff strategy might be ineffective against China and Russia due to existing WTO trade regulations.
Source (2.6)https://news.bitcoin.com/us-economist-jeffrey-sachs-trumps-take-on-tariffs-is-a-serious-mistake/?rand=52384