Renowned economist Jeffrey Sachs tore into Donald Trump’s latest tariff threats, branding them “Mickey Mouse economics” and accusing the US President of unleashing chaos on global markets.
In a scathing takedown, Sachs said Trump’s trade logic was so flawed “he wouldn’t pass a basic econ class” slamming the US President’s obsession with trade deficits as “childish and dangerous”.
Sachs blamed Trump’s economic policies for triggering a $10tn loss in global wealth, warning that the US is now flirting with authoritarianism under “one-man rule by emergency decree”.
Dismissing Trump’s talk of foreign nations “cheating” the US, Sachs countered: “It’s not a trade issue -it’s a spending problem.”
The blistering critique comes amid rising fears that Trump’s return to power could reignite economic instability worldwide.
Produced by: Times Now World
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