Jeffrey Sachs argues Trump’s tariffs won’t fix the U.S. trade deficit, which stems from overspending and budget gaps. He warns tariffs will raise prices and trigger global retaliation, harming the economy. The real issue, Sachs says, is fiscal irresponsibility, not foreign trade practices. He urges deficit reduction over protectionist policies.

Jeffrey Sachs argues Trump’s tariffs won’t fix the U.S. trade deficit, which stems from overspending and budget gaps. He warns tariffs will raise prices and trigger global retaliation, harming the economy. The real issue, Sachs says, is fiscal irresponsibility, not foreign trade practices. He urges deficit reduction over protectionist policies.

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