In 3 Minutes, Jeffrey Sachs Explains Why Trump Tariffs Won’t Work & US President’s Endless U-Turns

Jeffrey Sachs On Trump's Tariff Plan | US Tariff Plan | Jeffrey Sachs Interviews | Jeffrey Sachs Exclusive Interview | US News | Trump Tariffs | Trump News | Donald Trump | Economist Jeffrey Sachs
In an exclusive interview with Hindustan Times, renowned economist Jeffrey Sachs sharply criticized Donald Trump’s tariffs, arguing that tariffs are an ineffective and poorly understood tool for addressing the U.S. budget deficit. Sachs explained that the federal deficit stands at around 7% of GDP, while tariffs could, at best, generate revenue equivalent to just 1% of GDP—making them quantitatively insignificant for closing the $2 trillion deficit. Watch the video for more details.

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