'Mickey Mouse is smarter’: Economist Jeffrey Sachs mocks Trump over tariff policy
Jeffrey Sachs has strongly criticized Donald Trump's trade policies, deeming them "delusional" and economically damaging. Sachs estimates a $10 trillion loss in global wealth due to Trump's strategies, highlighting the president's misunderstanding of trade deficits and his imposition of tariffs based on flawed logic. He also points to automation, not trade, as the primary cause of manufacturing job losses.
Jeffrey Sachs has strongly criticized Donald Trump's trade policies, deeming them "delusional" and economically damaging. Sachs estimates a $10 trillion loss in global wealth due to Trump's strategies, highlighting the president's misunderstanding of trade deficits and his imposition of tariffs based on flawed logic. He also points to automation, not trade, as the primary cause of manufacturing job losses.
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