Don't Fall Into Trump's Trap, Trade Deficits DON'T Mean US Is Being Cheated: Economist Jeffrey Sachs

Video Description

Donald Trump | Trade | Tariffs | Jeffrey Sachs | Economy In this exclusive interview with Hindustan Times, Economist Jeffrey Sachs explains the basic logic of how global trade works, and says the US will be the BIGGEST loser of this trade war. He also outlines why trade deficits don't mean that the world is cheating the US, it just means that Americans buy a lot. He also cautions countries like India against falling into Trump's trap... asking countries to unite against protectionist policies that'll wreak havoc on the world. Watch #jeffreysachs #america #donaldtrump Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg Subscribe to Mint Premium Now: https://www.read.ht/Scaq Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d