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

India
M
Moneycontrol•09-01-2026, 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.
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