Arnab LIVE With Jeffrey Sachs As Trump Threatens 500% Tariffs On India
New Delhi: Renowned American economist and UN advisor Jeffrey Sachs launched a scathing attack on US President Donald Trump in an exclusive interview with Republic Media Network’s Editor-in-Chief Arnab Goswami. Reacting to a fresh 500% tariff threat, Sachs called Trump “psychologically unstable” and warned that the United States is no longer functioning under a constitutional order.
This comes after Donald Trump gave the green light to the Russia Sanctions Bill to punish those who buy uranium or petroleum products from Russia. According to the draft bill, 500% tariffs can be slapped on all goods and services imported into the United States from countries that knowingly engage in the exchange of Russian-origin uranium and petroleum products.
The bill, if imposed, will have serious economic consequences for India. The US government said the bill would give Trump tremendous leverage against countries like China, India and Brazil to incentivise them to stop buying the cheap Russian oil that provides the financing for "Putin’s bloodbath against Ukraine". This comes amidst the Russia-Ukraine war, that Trump is adamant about stopping.
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