US President Donald Trump.
India
M
Moneycontrol09-01-2026, 13:20

Economist Jeffrey Sachs Slams Trump: 'Psychologically Unstable' Over Tariff Policy

  • Economist Jeffrey Sachs criticized Donald Trump for greenlighting a sanctions bill targeting countries buying Russian oil.
  • Sachs labeled Trump "psychologically unstable" and stated the US lacks constitutional control under his leadership.
  • The proposed bill could impose 500% tariffs on nations purchasing Russian oil, impacting countries like India, China, and Brazil.
  • Senator Lindsey Graham confirmed Trump's approval of the bipartisan Russia sanctions bill after a White House meeting.
  • The "Sanctioning of Russia Act 2025" aims to punish countries funding Russia's war in Ukraine through oil purchases.

Why It Matters: Jeffrey Sachs calls Trump "psychologically unstable" over a new tariff bill targeting Russian oil buyers.

More like this

Loading more articles...